Isrotel L (Israel) Market Value
| ISRO Stock | ILA 8,532 28.00 0.33% |
| Symbol | Isrotel |
Isrotel L '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 Isrotel L'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 Isrotel L.
| 05/04/2022 |
| 04/23/2024 |
If you would invest 0.00 in Isrotel L on May 4, 2022 and sell it all today you would earn a total of 0.00 from holding Isrotel L or generate 0.0% return on investment in Isrotel L over 720 days. Isrotel L is related to or competes with Clal Insurance, Israel Discount, Bezeq Israeli, Alony Hetz, and Harel Insurance. It operates 19 hotels, including 4,221 suites and rooms with various facilities comprising restaurants, bars, entertainm... More
Isrotel L 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 Isrotel L'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 Isrotel L upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.21 | |||
| Information Ratio | 0.1198 | |||
| Maximum Drawdown | 11.21 | |||
| Value At Risk | (1.97) | |||
| Potential Upside | 4.42 |
Isrotel L Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Isrotel L's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Isrotel L's standard deviation. In reality, there are many statistical measures that can use Isrotel L historical prices to predict the future Isrotel L's volatility.| Risk Adjusted Performance | 0.1087 | |||
| Jensen Alpha | 0.3359 | |||
| Total Risk Alpha | 0.0618 | |||
| Sortino Ratio | 0.1939 | |||
| Treynor Ratio | (1.08) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Isrotel L'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.
Isrotel L Backtested Returns
Isrotel L appears to be very steady, given 3 months investment horizon. Isrotel L holds Efficiency (Sharpe) Ratio of 0.21, which attests that the entity had a 0.21% return per unit of risk over the last 3 months. We have found thirty technical indicators for Isrotel L, which you can use to evaluate the volatility of the firm. Please utilize Isrotel L's Market Risk Adjusted Performance of (1.07), downside deviation of 1.21, and Risk Adjusted Performance of 0.1087 to validate if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Isrotel L holds a performance score of 16. The company retains a Market Volatility (i.e., Beta) of -0.29, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Isrotel L are expected to decrease at a much lower rate. During the bear market, Isrotel L is likely to outperform the market. Please check Isrotel L's treynor ratio, value at risk, and the relationship between the sortino ratio and maximum drawdown , to make a quick decision on whether Isrotel L's current trending patterns will revert.
Auto-correlation | -0.66 |
Very good reverse predictability
Isrotel L has very good reverse predictability. Overlapping area represents the amount of predictability between Isrotel L time series from 4th of May 2022 to 29th of April 2023 and 29th of April 2023 to 23rd 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 Isrotel L price movement. The serial correlation of -0.66 indicates that around 66.0% of current Isrotel L price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.66 | |
| Spearman Rank Test | -0.21 | |
| Residual Average | 0.0 | |
| Price Variance | 343.9 K |
Isrotel L lagged returns against current returns
Autocorrelation, which is Isrotel L 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 Isrotel L's stock expected returns. We can calculate the autocorrelation of Isrotel L returns to help us make a trade decision. For example, suppose you find that Isrotel L 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 |
Isrotel L 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 Isrotel L stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Isrotel L stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Isrotel L stock over time.
Current vs Lagged Prices |
| Timeline |
Isrotel L Lagged Returns
When evaluating Isrotel L's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Isrotel L stock have on its future price. Isrotel L 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, Isrotel L autocorrelation shows the relationship between Isrotel L stock current value and its past values and can show if there is a momentum factor associated with investing in Isrotel L.
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 Isrotel L 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, Isrotel L's short interest history, or implied volatility extrapolated from Isrotel L options trading.
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Complementary Tools for Isrotel Stock analysis
When running Isrotel L's price analysis, check to measure Isrotel L'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 Isrotel L is operating at the current time. Most of Isrotel L's value examination focuses on studying past and present price action to predict the probability of Isrotel L's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Isrotel L's price. Additionally, you may evaluate how the addition of Isrotel L to your portfolios can decrease your overall portfolio volatility.
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Isrotel L 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.