Bank Hapoalim (Israel) Backtesting

POLI -- Israel Stock  

ILS 2,567  2.00  0.08%

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

Bank Hapoalim 'What if' Analysis

February 18, 2019
0.00
No Change 0.00  0.0%
In 2 months and 2 days
April 19, 2019
0.00
If you would invest  0.00  in Bank Hapoalim on February 18, 2019 and sell it all today you would earn a total of 0.00 from holding Bank Hapoalim B M or generate 0.0% return on investment in Bank Hapoalim over 60 days. Bank Hapoalim is related to or competes with Bank Leumi, Mizrahi Tefahot, Israel Discount, F I, and Union Bank. Bank Hapoalim B.M., together with its subsidiaries, provides a range of banking and financial products and services in I...

Bank Hapoalim Upside/Downside Indicators

Downside Deviation1.47
Information Ratio0.0512
Maximum Drawdown6.62
Value At Risk(0.97)
Potential Upside1.94

Bank Hapoalim Market Premium Indicators

Risk Adjusted Performance0.0853
Jensen Alpha0.177
Total Risk Alpha(0.011157)
Sortino Ratio0.0442
Treynor Ratio(0.38)

Bank Hapoalim B Backtested Returns

We consider Bank Hapoalim very steady. Bank Hapoalim B secures Sharpe Ratio (or Efficiency) of 0.1161 which signifies that the organization had 0.1161% 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 Hapoalim B M which you can use to evaluate future volatility of the firm. Please confirm Bank Hapoalim B Downside Deviation of 1.47, Mean Deviation of 0.8098 and Risk Adjusted Performance of 0.0853 to double-check if risk estimate we provide are consistent with the epected return of 0.1591%. Bank Hapoalim has performance score of 7 on a scale of 0 to 100. The firm shows Beta (market volatility) of -0.3802 which signifies that as returns on market increase, returns on owning Bank Hapoalim are expected to decrease at a much smaller rate. During bear market, Bank Hapoalim is likely to outperform the market. Although it is extremely important to respect Bank Hapoalim B 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 Hapoalim B technical indicators you can presently evaluate if the expected return of 0.1591% will be sustainable into the future. Bank Hapoalim B right now shows a risk of 1.3704%. Please confirm Bank Hapoalim B Jensen Alpha, Maximum Drawdown and the relationship between Information Ratio and Treynor Ratio to decide if Bank Hapoalim B will be following its price patterns.
Advice Volatility Trend Exposure Correlations
15 days auto-correlation 0.63 
correlation synergy

Good predictability

Bank Hapoalim B M has good predictability. Overlapping area represents the amount of predictability between Bank Hapoalim time series from February 18, 2019 to March 20, 2019 and March 20, 2019 to April 19, 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 Hapoalim B price movement. The serial correlation of 0.63 indicates that roughly 63.0% of current Bank Hapoalim price fluctuation can be explain by its past prices.
Correlation Coefficient0.63
Spearman Rank Test0.58
Residual Average0.0
Price Variance2790.88

Bank Hapoalim B lagged returns against current returns

 Current and Lagged Values 
      Timeline 

Bank Hapoalim regressed lagged prices vs. current prices

 Current vs Lagged Prices 
      Timeline 

Bank Hapoalim Lagged Returns

 Regressed Prices 
      Timeline 

Current Sentiment - POLI

Bank Hapoalim B Investor Sentiment

Most of Macroaxis users are at this time bullish on Bank Hapoalim B M. What is your opinion about investing in Bank Hapoalim B M? Are you bullish or bearish?
Bullish
Bearish
98% Bullish
2% Bearish
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Additionally take a look at Bank Hapoalim Hype Analysis, Bank Hapoalim Correlation, Bank Hapoalim Valuation, Bank Hapoalim Volatility as well as analyze Bank Hapoalim Alpha and Beta and Bank Hapoalim Performance. Please also try Idea Breakdown module to analyze constituents of all macroaxis ideas. macroaxis investment ideas are predefined, sector-focused investing themes.
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