Bank of Jerusalem Ltd (Israel) Backtesting

JBNK -- Israel Stock  

ILS 670.10  15.60  2.27%

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

October 14, 2018
0.00
No Change 0.00  0.0%
In 2 months and 1 day
December 13, 2018
0.00
If you would invest  0.00  in Bank of Jerusalem Ltd on October 14, 2018 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 is related to or competes with First International, F I, Union Bank, Export Investment. Bank of Jerusalem Ltd. provides commercial banking products and services to households, Israeli residents, and foreign r...

Bank of Jerusalem Ltd Upside/Downside Indicators

Downside Deviation0.9015
Information Ratio0.3966
Maximum Drawdown5.97
Value At Risk(1.28)
Potential Upside2.01
  

Bank of Jerusalem Ltd Market Premium Indicators

Risk Adjusted Performance0.3377
Jensen Alpha0.2176
Total Risk Alpha0.3715
Sortino Ratio0.4576
Treynor Ratio(1.41)

Bank of Jerusalem Ltd Backtested Returns

Macroaxis considers Bank of Jerusalem Ltd not too risky given 2 months investment horizon. Bank of Jerusalem Ltd secures Sharpe Ratio (or Efficiency) of 0.3481 which signifies that Bank of Jerusalem Ltd had 0.3481% 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 makes use of Bank of Jerusalem Ltd Downside Deviation of 0.9015, Risk Adjusted Performance of 0.3377 and Mean Deviation of 0.7009 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100 Bank of Jerusalem Ltd holds performance score of 23. The firm shows Beta (market volatility) of -0.1751 which signifies that as returns on market increase, returns on owning Bank of Jerusalem Ltd are expected to decrease at a much smaller rate. During bear market, Bank of Jerusalem Ltd is likely to outperform the market.. Although it is vital to follow to Bank of Jerusalem Ltd historical returns, it is good to be conservative about what you can actually do with the information regarding 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 0.4092% will be sustainable into the future. Please makes use of Bank of Jerusalem Ltd Jensen Alpha, Maximum Drawdown and the relationship between Information Ratio and Treynor Ratio to make a quick decision on weather Bank of Jerusalem Ltd price patterns will revert.
Advice Volatility Trend Exposure Correlations
15 days auto-correlation 0.54 
correlation synergy

Modest predictability

Bank of Jerusalem Ltd has modest predictability. Overlapping area represents the amount of predictability between Bank of Jerusalem Ltd time series from October 14, 2018 to November 13, 2018 and November 13, 2018 to December 13, 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 Bank of Jerusalem Ltd price movement. The serial correlation of 0.54 indicates that about 54.0% of current Bank of Jerusalem Ltd price fluctuation can be explain by its past prices.
Correlation Coefficient0.54
Spearman Rank Test0.5
Residual Average0.0
Price Variance101.0

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 Portfolio Reporting module to create custom reports across your portfolios and generate quick suggestion pitch.
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