Plasto Cargal (Israel) Backtesting

PLCR -- Israel Stock  

null 702.80  0.000012  0.00%

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

Plasto Cargal 'What if' Analysis

September 19, 2018
0.00
No Change 0.00  0.0%
In 31 days
October 19, 2018
0.00
If you would invest  0.00  in Plasto Cargal on September 19, 2018 and sell it all today you would earn a total of 0.00 from holding Plasto Cargal Group Ltd or generate 0.0% return on investment in Plasto Cargal over 30 days. Plasto Cargal is related to or competes with Strauss Group, Formula Systems, Shufersal Ltd, Elbit Systems, Israel Chemicals, B Communications, and Bank Leumi. Cargal Ltd. develops, manufactures, and markets corrugated board and flexible packaging solutions to industrial firms in...

Plasto Cargal Upside/Downside Indicators

Downside Deviation3.14
Information Ratio0.0842
Maximum Drawdown8.38
Value At Risk4.60
Potential Upside3.0
  

Plasto Cargal Market Premium Indicators

Risk Adjusted Performance0.0077
Jensen Alpha0.0914
Total Risk Alpha0.3137
Sortino Ratio0.0537
Treynor Ratio0.007684

Plasto Cargal Group Backtested Returns

We consider Plasto Cargal not too risky. Plasto Cargal Group maintains Sharpe Ratio (i.e. Efficiency) of 0.1077 which implies Plasto Cargal Group had 0.1077% of return per unit of risk over the last 1 month. Our philosophy towards forecasting 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 Plasto Cargal Group which you can use to evaluate future volatility of the company. Please check Plasto Cargal Group Coefficient Of Variation of 34857.69, Semi Deviation of 1.87 and Risk Adjusted Performance of 0.0077 to confirm if risk estimate we provide are consistent with the epected return of 0.1928%. Plasto Cargal has performance score of 7 on a scale of 0 to 100. The organization holds Beta of 0.5539 which implies as returns on market increase, Plasto Cargal returns are expected to increase less than the market. However during bear market, the loss on holding Plasto Cargal will be expected to be smaller as well.. Although it is extremely important to respect Plasto Cargal Group current trending patterns, it is better to be realistic regarding the information on equity existing price patterns. The philosophy towards forecasting 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 Plasto Cargal Group technical indicators you can presently evaluate if the expected return of 0.1928% will be sustainable into the future. Plasto Cargal Group right now holds a risk of 1.79%. Please check Plasto Cargal Group Mean Deviation, Downside Deviation, Standard Deviation, as well as the relationship between Semi Deviation and Coefficient Of Variation to decide if Plasto Cargal Group will be following its historical price patterns.
Advice Volatility Trend Exposure Correlations
15 days auto-correlation 0.39 

Below average predictability

Plasto Cargal Group Ltd has below average predictability. Overlapping area represents the amount of predictability between Plasto Cargal time series from September 19, 2018 to October 4, 2018 and October 4, 2018 to October 19, 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 Plasto Cargal Group price movement. The serial correlation of 0.39 indicates that just about 39.0% of current Plasto Cargal price fluctuation can be explain by its past prices.
Correlation Coefficient0.39
Spearman Rank Test0.68
Residual Average0.0
Price Variance29.9

Plasto Cargal Group lagged returns against current returns

 Current and Lagged Values 
      Timeline 

Plasto Cargal regressed lagged prices vs. current prices

 Current vs Lagged Prices 
      Timeline 

Plasto Cargal Lagged Returns

 Regressed Prices 
      Timeline 

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Additionally take a look at Plasto Cargal Hype Analysis, Plasto Cargal Correlation, Plasto Cargal Valuation, Plasto Cargal Volatility as well as analyze Plasto Cargal Alpha and Beta and Plasto Cargal Performance. Please also try Equity Search module to search for activelly-traded equities including funds and etfs from over 30 global markets.
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