Hilan (Israel) Market Value
| HLAN Stock | ILS 20,880 280.00 1.32% |
| Symbol | Hilan |
Hilan 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Hilan's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Hilan.
| 05/06/2022 |
| 04/25/2024 |
If you would invest 0.00 in Hilan on May 6, 2022 and sell it all today you would earn a total of 0.00 from holding Hilan or generate 0.0% return on investment in Hilan over 720 days. Hilan is related to or competes with C Mer, Ralco Agencies, and Brimag L. Hilan Ltd., together with its subsidiaries, develops and implements computerized systems for management of enterprise hu... More
Hilan Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Hilan's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Hilan upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.29 | |||
| Information Ratio | 0.0437 | |||
| Maximum Drawdown | 11.16 | |||
| Value At Risk | (1.87) | |||
| Potential Upside | 3.76 |
Hilan Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Hilan's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Hilan's standard deviation. In reality, there are many statistical measures that can use Hilan historical prices to predict the future Hilan's volatility.| Risk Adjusted Performance | 0.0629 | |||
| Jensen Alpha | 0.1241 | |||
| Total Risk Alpha | (0.08) | |||
| Sortino Ratio | 0.0641 | |||
| Treynor Ratio | 0.3433 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Hilan's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hilan Backtested Returns
We consider Hilan very steady. Hilan holds Efficiency (Sharpe) Ratio of 0.0385, which attests that the entity had a 0.0385% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Hilan, which you can use to evaluate the volatility of the firm. Please check out Hilan's Downside Deviation of 1.29, market risk adjusted performance of 0.3533, and Risk Adjusted Performance of 0.0629 to validate if the risk estimate we provide is consistent with the expected return of 0.0698%. Hilan has a performance score of 3 on a scale of 0 to 100. The company retains a Market Volatility (i.e., Beta) of 0.47, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, Hilan's returns are expected to increase less than the market. However, during the bear market, the loss of holding Hilan is expected to be smaller as well. Hilan right now retains a risk of 1.81%. Please check out Hilan standard deviation, total risk alpha, treynor ratio, as well as the relationship between the jensen alpha and sortino ratio , to decide if Hilan will be following its current trending patterns.
Auto-correlation | -0.53 |
Good reverse predictability
Hilan has good reverse predictability. Overlapping area represents the amount of predictability between Hilan time series from 6th of May 2022 to 1st of May 2023 and 1st of May 2023 to 25th of April 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Hilan price movement. The serial correlation of -0.53 indicates that about 53.0% of current Hilan price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.53 | |
| Spearman Rank Test | -0.61 | |
| Residual Average | 0.0 | |
| Price Variance | 2.3 M |
Hilan lagged returns against current returns
Autocorrelation, which is Hilan stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Hilan's stock expected returns. We can calculate the autocorrelation of Hilan returns to help us make a trade decision. For example, suppose you find that Hilan has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Hilan regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Hilan stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Hilan stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Hilan stock over time.
Current vs Lagged Prices |
| Timeline |
Hilan Lagged Returns
When evaluating Hilan's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Hilan stock have on its future price. Hilan autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Hilan autocorrelation shows the relationship between Hilan stock current value and its past values and can show if there is a momentum factor associated with investing in Hilan.
Regressed Prices |
| Timeline |
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Hilan in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Hilan's short interest history, or implied volatility extrapolated from Hilan options trading.
Building efficient market-beating portfolios requires time, education, and a lot of computing power!
The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.
Try AI Portfolio ArchitectCheck out Hilan Correlation, Hilan Volatility and Hilan Alpha and Beta module to complement your research on Hilan. You can also try the Money Managers module to screen money managers from public funds and ETFs managed around the world.
Complementary Tools for Hilan Stock analysis
When running Hilan's price analysis, check to measure Hilan's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Hilan is operating at the current time. Most of Hilan's value examination focuses on studying past and present price action to predict the probability of Hilan's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hilan's price. Additionally, you may evaluate how the addition of Hilan to your portfolios can decrease your overall portfolio volatility.
| Portfolio Suggestion Get suggestions outside of your existing asset allocation including your own model portfolios | |
| Portfolio Anywhere Track or share privately all of your investments from the convenience of any device | |
| Bollinger Bands Use Bollinger Bands indicator to analyze target price for a given investing horizon | |
| FinTech Suite Use AI to screen and filter profitable investment opportunities | |
| Volatility Analysis Get historical volatility and risk analysis based on latest market data | |
| Latest Portfolios Quick portfolio dashboard that showcases your latest portfolios | |
| Risk-Return Analysis View associations between returns expected from investment and the risk you assume | |
| Portfolio Manager State of the art Portfolio Manager to monitor and improve performance of your invested capital | |
| Alpha Finder Use alpha and beta coefficients to find investment opportunities after accounting for the risk | |
| Price Ceiling Movement Calculate and plot Price Ceiling Movement for different equity instruments | |
| Commodity Directory Find actively traded commodities issued by global exchanges | |
| Analyst Advice Analyst recommendations and target price estimates broken down by several categories | |
| Correlation Analysis Reduce portfolio risk simply by holding instruments which are not perfectly correlated |
Hilan technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.