Israel Corp (Israel) Market Value
ILCO Stock | ILA 98,440 460.00 0.47% |
Symbol | Israel |
Israel Corp '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 Israel Corp'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 Israel Corp.
02/27/2024 |
| 03/28/2024 |
If you would invest 0.00 in Israel Corp on February 27, 2024 and sell it all today you would earn a total of 0.00 from holding Israel Corp or generate 0.0% return on investment in Israel Corp over 30 days. Israel Corp is related to or competes with Bank Leumi, Mizrahi Tefahot, Israel Discount, Migdal Insurance, FIBI Holdings, Clal Insurance, and Phoenix Holdings. Israel Corporation Ltd, together with its subsidiaries, engages in the specialty minerals and chemicals, and refining an... More
Israel Corp 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 Israel Corp'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 Israel Corp upside and downside potential and time the market with a certain degree of confidence.
Downside Deviation | 2.35 | |||
Information Ratio | (0.03) | |||
Maximum Drawdown | 14.92 | |||
Value At Risk | (3.39) | |||
Potential Upside | 4.35 |
Israel Corp Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Israel Corp's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Israel Corp's standard deviation. In reality, there are many statistical measures that can use Israel Corp historical prices to predict the future Israel Corp's volatility.Risk Adjusted Performance | 0.0223 | |||
Jensen Alpha | (0.03) | |||
Total Risk Alpha | (0.50) | |||
Sortino Ratio | (0.03) | |||
Treynor Ratio | 0.0798 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Israel Corp'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.
Israel Corp Backtested Returns
We consider Israel Corp very steady. Israel Corp holds Efficiency (Sharpe) Ratio of 0.0635, which attests that the entity had a 0.0635% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Israel Corp, which you can use to evaluate the volatility of the firm. Please check out Israel Corp's Market Risk Adjusted Performance of 0.0898, downside deviation of 2.35, and Risk Adjusted Performance of 0.0223 to validate if the risk estimate we provide is consistent with the expected return of 0.15%. Israel Corp has a performance score of 4 on a scale of 0 to 100. The company retains a Market Volatility (i.e., Beta) of 0.68, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, Israel Corp's returns are expected to increase less than the market. However, during the bear market, the loss of holding Israel Corp is expected to be smaller as well. Israel Corp right now retains a risk of 2.41%. Please check out Israel Corp total risk alpha, treynor ratio, value at risk, as well as the relationship between the sortino ratio and maximum drawdown , to decide if Israel Corp will be following its current trending patterns.
Auto-correlation | -0.38 |
Poor reverse predictability
Israel Corp has poor reverse predictability. Overlapping area represents the amount of predictability between Israel Corp time series from 27th of February 2024 to 13th of March 2024 and 13th of March 2024 to 28th of March 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 Israel Corp price movement. The serial correlation of -0.38 indicates that just about 38.0% of current Israel Corp price fluctuation can be explain by its past prices.
Correlation Coefficient | -0.38 | |
Spearman Rank Test | -0.6 | |
Residual Average | 0.0 | |
Price Variance | 17.4 M |
Israel Corp lagged returns against current returns
Autocorrelation, which is Israel Corp 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 Israel Corp's stock expected returns. We can calculate the autocorrelation of Israel Corp returns to help us make a trade decision. For example, suppose you find that Israel Corp 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 |
Israel Corp 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 Israel Corp stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Israel Corp stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Israel Corp stock over time.
Current vs Lagged Prices |
Timeline |
Israel Corp Lagged Returns
When evaluating Israel Corp's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Israel Corp stock have on its future price. Israel Corp 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, Israel Corp autocorrelation shows the relationship between Israel Corp stock current value and its past values and can show if there is a momentum factor associated with investing in Israel Corp.
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 Israel Corp 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, Israel Corp's short interest history, or implied volatility extrapolated from Israel Corp 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 Israel Corp Correlation, Israel Corp Volatility and Israel Corp Alpha and Beta module to complement your research on Israel Corp. You can also try the Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.
Complementary Tools for Israel Stock analysis
When running Israel Corp's price analysis, check to measure Israel Corp'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 Israel Corp is operating at the current time. Most of Israel Corp's value examination focuses on studying past and present price action to predict the probability of Israel Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Israel Corp's price. Additionally, you may evaluate how the addition of Israel Corp to your portfolios can decrease your overall portfolio volatility.
Pattern Recognition Use different Pattern Recognition models to time the market across multiple global exchanges | |
Global Correlations Find global opportunities by holding instruments from different markets | |
Balance Of Power Check stock momentum by analyzing Balance Of Power indicator and other technical ratios | |
Price Ceiling Movement Calculate and plot Price Ceiling Movement for different equity instruments | |
Idea Optimizer Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio | |
Technical Analysis Check basic technical indicators and analysis based on most latest market data | |
Commodity Directory Find actively traded commodities issued by global exchanges | |
Top Crypto Exchanges Search and analyze digital assets across top global cryptocurrency exchanges |
Israel Corp 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.