Israel Land (Israel) Market Value
| ILDA Stock | 759.60 4.90 0.65% |
| Symbol | Israel |
Israel Land '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 Land'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 Land.
| 03/25/2024 |
| 04/24/2024 |
If you would invest 0.00 in Israel Land on March 25, 2024 and sell it all today you would earn a total of 0.00 from holding The Israel Land or generate 0.0% return on investment in Israel Land over 30 days. Israel Land is related to or competes with Migdal Insurance, Amir Marketing, Menif Financial, Harel Insurance, Libra Insurance, Netz Hotels, and Tower Semiconductor. Israel Land Development Alpha Ltd does not have significant operations More
Israel Land 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 Land'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 The Israel Land upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.63 | |||
| Information Ratio | 0.1887 | |||
| Maximum Drawdown | 11.73 | |||
| Value At Risk | (3.59) | |||
| Potential Upside | 5.43 |
Israel Land Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Israel Land's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Israel Land's standard deviation. In reality, there are many statistical measures that can use Israel Land historical prices to predict the future Israel Land's volatility.| Risk Adjusted Performance | 0.1473 | |||
| Jensen Alpha | 0.6255 | |||
| Total Risk Alpha | 0.2254 | |||
| Sortino Ratio | 0.1936 | |||
| Treynor Ratio | (1.67) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Israel Land'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 Land Backtested Returns
Israel Land appears to be very steady, given 3 months investment horizon. Israel Land holds Efficiency (Sharpe) Ratio of 0.3, which attests that the entity had a 0.3% return per unit of risk over the last 3 months. By evaluating Israel Land's technical indicators, you can evaluate if the expected return of 0.79% is justified by implied risk. Please utilize Israel Land's Risk Adjusted Performance of 0.1473, downside deviation of 2.63, and Market Risk Adjusted Performance of (1.66) to validate if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Israel Land holds a performance score of 23. The company retains a Market Volatility (i.e., Beta) of -0.36, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Israel Land are expected to decrease at a much lower rate. During the bear market, Israel Land is likely to outperform the market. Please check Israel Land's coefficient of variation, jensen alpha, and the relationship between the downside deviation and standard deviation , to make a quick decision on whether Israel Land's current trending patterns will revert.
Auto-correlation | 0.09 |
Virtually no predictability
The Israel Land has virtually no predictability. Overlapping area represents the amount of predictability between Israel Land time series from 25th of March 2024 to 9th of April 2024 and 9th of April 2024 to 24th 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 Israel Land price movement. The serial correlation of 0.09 indicates that less than 9.0% of current Israel Land price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.09 | |
| Spearman Rank Test | 0.29 | |
| Residual Average | 0.0 | |
| Price Variance | 214.04 |
Israel Land lagged returns against current returns
Autocorrelation, which is Israel Land 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 Land's stock expected returns. We can calculate the autocorrelation of Israel Land returns to help us make a trade decision. For example, suppose you find that Israel Land 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 Land 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 Land stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Israel Land stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Israel Land stock over time.
Current vs Lagged Prices |
| Timeline |
Israel Land Lagged Returns
When evaluating Israel Land's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Israel Land stock have on its future price. Israel Land 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 Land autocorrelation shows the relationship between Israel Land stock current value and its past values and can show if there is a momentum factor associated with investing in The Israel Land.
Regressed Prices |
| Timeline |
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Complementary Tools for Israel Stock analysis
When running Israel Land's price analysis, check to measure Israel Land'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 Land is operating at the current time. Most of Israel Land's value examination focuses on studying past and present price action to predict the probability of Israel Land'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 Land's price. Additionally, you may evaluate how the addition of Israel Land to your portfolios can decrease your overall portfolio volatility.
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Israel Land 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.