Lewinsky Ofer (Israel) Backtesting

LEOF -- Israel Stock  

ILS 46.10  1.80  4.06%

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

Lewinsky Ofer 'What if' Analysis

October 12, 2018
No Change 0.00  0.0%
In 2 months and 2 days
December 11, 2018
If you would invest  0.00  in Lewinsky Ofer on October 12, 2018 and sell it all today you would earn a total of 0.00 from holding Lewinsky Ofer Ltd or generate 0.0% return on investment in Lewinsky Ofer over 60 days. Lewinsky Ofer is related to or competes with Shapir Engineering, Electra Ltd, Aviv Arlon, and Baran Group. Lewinsky-Ofer Ltd. operates as a public construction and entrepreneurship company in Israel

Lewinsky Ofer Upside/Downside Indicators

Downside Deviation3.46
Information Ratio0.0802
Maximum Drawdown8.74
Value At Risk(4.00)
Potential Upside3.59

Lewinsky Ofer Market Premium Indicators

Risk Adjusted Performance0.0152
Jensen Alpha0.0065
Total Risk Alpha0.2689
Sortino Ratio0.0502
Treynor Ratio(0.78)

Lewinsky Ofer Backtested Returns

We consider Lewinsky Ofer not too volatile. Lewinsky Ofer has Sharpe Ratio of 0.0116 which conveys that Lewinsky Ofer had 0.0116% of return per unit of risk over the last 2 months. Our philosophy towards estimating 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 Lewinsky Ofer which you can use to evaluate future volatility of the firm. Please verify Lewinsky Ofer Ltd Downside Deviation of 3.46, Mean Deviation of 1.3 and Risk Adjusted Performance of 0.0152 to check out if risk estimate we provide are consistent with the epected return of 0.0276%. Lewinsky Ofer has performance score of 0 on a scale of 0 to 100. The company secures Beta (Market Risk) of -0.0106 which conveys that as returns on market increase, returns on owning Lewinsky Ofer are expected to decrease at a much smaller rate. During bear market, Lewinsky Ofer is likely to outperform the market.. Although it is extremely important to respect Lewinsky Ofer price patterns, it is better to be realistic regarding the information on equity historical price patterns. The philosophy towards estimating 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 Lewinsky Ofer technical indicators you can presently evaluate if the expected return of 0.0276% will be sustainable into the future. Lewinsky Ofer right now secures a risk of 2.3758%. Please verify Lewinsky Ofer Ltd Treynor Ratio, Value At Risk, Downside Variance, as well as the relationship between Maximum Drawdown and Potential Upside to decide if Lewinsky Ofer Ltd will be following its current price movements.
Advice Volatility Trend Exposure Correlations
15 days auto-correlation(0.27) 
correlation synergy

Weak reverse predictability

Lewinsky Ofer Ltd has weak reverse predictability. Overlapping area represents the amount of predictability between Lewinsky Ofer time series from October 12, 2018 to November 11, 2018 and November 11, 2018 to December 11, 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 Lewinsky Ofer price movement. The serial correlation of -0.27 indicates that nearly 27.0% of current Lewinsky Ofer price fluctuation can be explain by its past prices. Given that Lewinsky Ofer Ltd has negative autocorrelation for selected time horizon, investors may consider taking a contrarian position regarding future price movement of Lewinsky Ofer for similar time interval.
Correlation Coefficient-0.27
Spearman Rank Test-0.03
Residual Average0.0
Price Variance0.67

Lewinsky Ofer lagged returns against current returns

 Current and Lagged Values 

Lewinsky Ofer regressed lagged prices vs. current prices

 Current vs Lagged Prices 

Lewinsky Ofer Lagged Returns

 Regressed Prices 

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Please see also Lewinsky Ofer Hype Analysis, Lewinsky Ofer Correlation, Lewinsky Ofer Valuation, Lewinsky Ofer Volatility as well as analyze Lewinsky Ofer Alpha and Beta and Lewinsky Ofer Performance. Please also try Bollinger Bands module to use bollinger bands indicator to analyze target price for a given investing horizon.
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