Bank of Jerusalem Ltd (Israel) Backtesting

JBNK -- Israel Stock  

ILS 736.40  0.10  0.0136%

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

Bank of Jerusalem Ltd 'What if' Analysis

January 20, 2019
0.00
No Change 0.00  0.0%
In 2 months and 1 day
March 21, 2019
0.00
If you would invest  0.00  in Bank of Jerusalem Ltd on January 20, 2019 and sell it all today you would earn a total of 0.00 from holding Bank of Jerusalem Ltd or generate 0.0% return on investment in Bank of Jerusalem Ltd over 60 days. Bank of Jerusalem Ltd. provides commercial banking services to households, Israeli residents, and foreign residents in I...

Bank of Jerusalem Ltd Upside/Downside Indicators

Downside Deviation1.59
Information Ratio0.1144
Maximum Drawdown7.64
Value At Risk(1.85)
Potential Upside2.74
  

Bank of Jerusalem Ltd Market Premium Indicators

Risk Adjusted Performance0.1611
Jensen Alpha0.2896
Total Risk Alpha(0.015132)
Sortino Ratio0.1036
Treynor Ratio1.53

Bank of Jerusalem Ltd Backtested Returns

We consider Bank of Jerusalem Ltd not too risky. Bank of Jerusalem Ltd secures Sharpe Ratio (or Efficiency) of 0.1003 which signifies that the organization had 0.1003% of return per unit of risk over the last 2 months. Our philosophy towards foreseeing 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 Bank of Jerusalem Ltd which you can use to evaluate future volatility of the firm. Please confirm Bank of Jerusalem Ltd Mean Deviation of 1.03, Risk Adjusted Performance of 0.1611 and Downside Deviation of 1.59 to double-check if risk estimate we provide are consistent with the epected return of 0.1073%. Bank of Jerusalem Ltd has performance score of 6 on a scale of 0 to 100. The firm shows Beta (market volatility) of 0.2113 which signifies that as returns on market increase, Bank of Jerusalem Ltd returns are expected to increase less than the market. However during bear market, the loss on holding Bank of Jerusalem Ltd will be expected to be smaller as well. Although it is extremely important to respect Bank of Jerusalem Ltd historical returns, it is better to be realistic regarding the information on equity current trending patterns. The philosophy towards foreseeing 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 analyzing Bank of Jerusalem Ltd technical indicators you can presently evaluate if the expected return of 0.1073% will be sustainable into the future. Bank of Jerusalem Ltd right now shows a risk of 1.0701%. Please confirm Bank of Jerusalem Ltd Jensen Alpha, Maximum Drawdown and the relationship between Information Ratio and Treynor Ratio to decide if Bank of Jerusalem Ltd will be following its price patterns.
Advice Volatility Trend Exposure Correlations
15 days auto-correlation(0.06) 
correlation synergy

Very weak reverse predictability

Bank of Jerusalem Ltd has very weak reverse predictability. Overlapping area represents the amount of predictability between Bank of Jerusalem Ltd time series from January 20, 2019 to February 19, 2019 and February 19, 2019 to March 21, 2019. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Bank of Jerusalem Ltd price movement. The serial correlation of -0.06 indicates that barely 6.0% of current Bank of Jerusalem Ltd price fluctuation can be explain by its past prices. Given that Bank of Jerusalem Ltd has negative autocorrelation for selected time horizon, investors may consider taking a contrarian position regarding future price movement of Bank of Jerusalem Ltd for similar time interval.
Correlation Coefficient-0.06
Spearman Rank Test0.34
Residual Average0.0
Price Variance69.44

Bank of Jerusalem Ltd lagged returns against current returns

 Current and Lagged Values 
      Timeline 

Bank of Jerusalem Ltd regressed lagged prices vs. current prices

 Current vs Lagged Prices 
      Timeline 

Bank of Jerusalem Ltd Lagged Returns

 Regressed Prices 
      Timeline 

Current Sentiment - JBNK

Bank of Jerusalem Ltd Investor Sentiment

Macroaxis portfolio users are indifferent in their judgment towards investing in Bank of Jerusalem Ltd. What is your opinion about investing in Bank of Jerusalem Ltd? Are you bullish or bearish?
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Please also check Bank of Jerusalem Ltd Hype Analysis, Bank of Jerusalem Ltd Correlation, Bank of Jerusalem Ltd Valuation, Bank of Jerusalem Ltd Volatility as well as analyze Bank of Jerusalem Ltd Alpha and Beta and Bank of Jerusalem Ltd Performance. Please also try Fundamental Analysis module to view fundamental data based on most recent published financial statements.
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