Ilex Medical (Israel) Backtesting

ILX -- Israel Stock  

ILS 5,278  65.00  1.25%

With this equity back-testing module your can estimate the performance of a buy and hold strategy of Ilex Medical Ltd and determine expected loss or profit from investing in Ilex Medical over given investment horizon. Please also check Ilex Medical Hype Analysis, Ilex Medical Correlation, Ilex Medical Valuation, Ilex Medical Volatility as well as analyze Ilex Medical Alpha and Beta and Ilex Medical Performance.
Horizon     30 Days    Login   to change

Ilex Medical 'What if' Analysis

October 16, 2018
No Change 0.00  0.0%
In 2 months and 2 days
December 15, 2018
If you would invest  0.00  in Ilex Medical on October 16, 2018 and sell it all today you would earn a total of 0.00 from holding Ilex Medical Ltd or generate 0.0% return on investment in Ilex Medical over 60 days. Ilex Medical is related to or competes with Bank Leumi, Perrigo Company, Israel Chemicals, NICE Ltd, Azrieli Group, Elbit Systems, and Mizrahi Tefahot. Ilex Medical Ltd engages in marketing, selling, and supporting equipment, disposables, and reagents for laboratories and...

Ilex Medical Upside/Downside Indicators

Downside Deviation1.0
Information Ratio0.2057
Maximum Drawdown5.42
Value At Risk(1.39)
Potential Upside1.87

Ilex Medical Market Premium Indicators

Risk Adjusted Performance0.1217
Jensen Alpha0.0866
Total Risk Alpha0.1722
Sortino Ratio0.2
Treynor Ratio4.86

Ilex Medical Backtested Returns

Macroaxis considers Ilex Medical not too risky given 2 months investment horizon. Ilex Medical holds Efficiency (Sharpe) Ratio of 0.2218 which attests that Ilex Medical had 0.2218% of return per unit of risk over the last 2 months. Our philosophy towards determining volatility of a stock is to use all available market data together with stock specific technical indicators that cannot be diversified away. We have found twenty-one technical indicators for Ilex Medical which you can use to evaluate future volatility of the corporation. Please utilize Ilex Medical Downside Deviation of 1.0, Market Risk Adjusted Performance of 4.87 and Risk Adjusted Performance of 0.1217 to validate if our risk estimates are consistent with your expectations. On a scale of 0 to 100 Ilex Medical holds performance score of 14. The company retains Market Volatility (i.e. Beta) of 0.0174 which attests that as returns on market increase, Ilex Medical returns are expected to increase less than the market. However during bear market, the loss on holding Ilex Medical will be expected to be smaller as well.. Although it is vital to follow to Ilex Medical current price history, it is good to be conservative about what you can actually do with the information regarding equity current price movements. The philosophy towards determining future performance of any stock is to evaluate the business as a whole together with its past performance including all available fundamental and technical indicators. By evaluating Ilex Medical technical indicators you can presently evaluate if the expected return of 0.26% will be sustainable into the future. Please utilizes Ilex Medical Treynor Ratio, and the relationship between Standard Deviation and Downside Variance to make a quick decision on weather Ilex Medical Ltd current trending patterns will revert.
Advice Volatility Trend Exposure Correlations
15 days auto-correlation 0.57 
correlation synergy

Modest predictability

Ilex Medical Ltd has modest predictability. Overlapping area represents the amount of predictability between Ilex Medical time series from October 16, 2018 to November 15, 2018 and November 15, 2018 to December 15, 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 Ilex Medical price movement. The serial correlation of 0.57 indicates that roughly 57.0% of current Ilex Medical price fluctuation can be explain by its past prices.
Correlation Coefficient0.57
Spearman Rank Test0.33
Residual Average0.0
Price Variance6884.94

Ilex Medical lagged returns against current returns

 Current and Lagged Values 

Ilex Medical regressed lagged prices vs. current prices

 Current vs Lagged Prices 

Ilex Medical Lagged Returns

 Regressed Prices 

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Please also check Ilex Medical Hype Analysis, Ilex Medical Correlation, Ilex Medical Valuation, Ilex Medical Volatility as well as analyze Ilex Medical Alpha and Beta and Ilex Medical Performance. Please also try Volatility Analysis module to get historical volatility and risk analysis based on latest market data.