El Mor (Israel) Backtesting

ELMR -- Israel Stock  

null 557.40  3.20  0.58%

With this equity back-testing module your can estimate the performance of a buy and hold strategy of El Mor Electric Installation Services Ltd and determine expected loss or profit from investing in El Mor over given investment horizon. Additionally see El Mor Hype Analysis, El Mor Correlation, El Mor Valuation, El Mor Volatility as well as analyze El Mor Alpha and Beta and El Mor Performance.
Horizon     30 Days    Login   to change
SymbolX
Backtest

El Mor 'What if' Analysis

October 12, 2018
0.00
No Change 0.00  0.0%
In 2 months and 2 days
December 11, 2018
0.00
If you would invest  0.00  in El Mor on October 12, 2018 and sell it all today you would earn a total of 0.00 from holding El Mor Electric Installation Services Ltd or generate 0.0% return on investment in El Mor over 60 days. El Mor is related to or competes with Shapir Engineering, Electra Ltd, Lewinsky Ofer, Aviv Arlon, and Baran Group. El-Mor Electric Installation Services Ltd

El Mor Upside/Downside Indicators

Information Ratio(0.017447)
Maximum Drawdown7.36
Value At Risk(2.38)
Potential Upside1.19
  

El Mor Market Premium Indicators

Risk Adjusted Performance(0.17)
Jensen Alpha(0.18)
Total Risk Alpha(0.018917)
Treynor Ratio(4.87)

El Mor Electric Backtested Returns

Macroaxis considers El Mor to be not too risky. El Mor Electric retains Efficiency (Sharpe Ratio) of -0.1304 which denotes El Mor Electric had -0.1304% of return per unit of price deviation over the last 2 months. Macroaxis way of predicting risk of any stock is to look at both systematic and un-systematic factors of the business, including all available market data and technical indicators. El Mor exposes twenty-one different technical indicators which can help you to evaluate volatility that cannot be diversified away. Please be advised to confirm El Mor Electric Installation Services Ltd Standard Deviation of 1.43 and Market Risk Adjusted Performance of (4.86) to check risk estimate we provide. Macroaxis gives El Mor performance score of 0 on a scale of 0 to 100. The firm owns Beta (Systematic Risk) of 0.0392 which denotes to the fact that as returns on market increase, El Mor returns are expected to increase less than the market. However during bear market, the loss on holding El Mor will be expected to be smaller as well.. Even though it is essential to pay attention to El Mor Electric existing price patterns, it is always good to be careful when utilizing equity price patterns. Macroaxis way of predicting future performance of any stock is to check both, its past performance charts as well as the business as a whole, including all available technical indicators. El Mor exposes twenty-one different technical indicators which can help you to evaluate its performance. El Mor Electric has expected return of -0.1853%. Please be advised to confirm El Mor Electric Installation Services Ltd Semi Deviation, Coefficient Of Variation and the relationship between Mean Deviation and Downside Deviation to decide if El Mor Electric past performance will be repeated in the future.
Advice Volatility Trend Exposure Correlations
15 days auto-correlation(0.12) 
correlation synergy

Insignificant reverse predictability

El Mor Electric Installation Services Ltd has insignificant reverse predictability. Overlapping area represents the amount of predictability between El Mor time series from October 12, 2018 to November 11, 2018 and November 11, 2018 to December 11, 2018. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of El Mor Electric price movement. The serial correlation of -0.12 indicates that less than 12.0% of current El Mor price fluctuation can be explain by its past prices. Given that El Mor Electric Installation Services Ltd has negative autocorrelation for selected time horizon, investors may consider taking a contrarian position regarding future price movement of El Mor for similar time interval.
Correlation Coefficient-0.12
Spearman Rank Test0.1
Residual Average0.0
Price Variance47.83

El Mor Electric lagged returns against current returns

 Current and Lagged Values 
      Timeline 

El Mor regressed lagged prices vs. current prices

 Current vs Lagged Prices 
      Timeline 

El Mor Lagged Returns

 Regressed Prices 
      Timeline 

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El Mor Pair Correlation

Equities Pair Trading Analysis

Correlation analysis and pair trading evaluation for El Mor and Shapir Engineering and. Pair trading can be used as a hedging technique within a particular sector or industry or even over random equities to generate better risk-adjusted return
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Additionally see El Mor Hype Analysis, El Mor Correlation, El Mor Valuation, El Mor Volatility as well as analyze El Mor Alpha and Beta and El Mor Performance. Please also try Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.
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