RALCO Backtesting

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RLCO -- Israel Stock  

ILA 1,920  10.00  0.52%

With this equity back-testing module your can estimate the performance of a buy and hold strategy of RALCO AGENCIES and determine expected loss or profit from investing in RALCO AGENCIES over given investment horizon. Additionally, take a look at RALCO AGENCIES Hype Analysis, RALCO AGENCIES Correlation, RALCO AGENCIES Valuation, RALCO AGENCIES Volatility as well as analyze RALCO AGENCIES Alpha and Beta and RALCO AGENCIES Performance.
Symbol
Backtest

RALCO AGENCIES 'What if' Analysis

0.00
04/05/2020
No Change 0.00  0.0 
In 3 months and 1 day
07/04/2020
0.00
If you would invest  0.00  in RALCO AGENCIES on April 5, 2020 and sell it all today you would earn a total of 0.00 from holding RALCO AGENCIES or generate 0.0% return on investment in RALCO AGENCIES over 90 days. RALCO AGENCIES is related to or competes with ELBIT SYSTEMS, NICE, GAZIT GLOBE, CELLCOM ISRAEL, NOVA MEASURING, MAGIC SOFTWARE, and KAMADA. Ralco Agencies Ltd. imports, distributes, and sells electrical and electronic appliances and products in Israel

RALCO AGENCIES Upside/Downside Indicators

Information Ratio(0.11)
Maximum Drawdown33.13
Value At Risk(8.83)
Potential Upside6.01

RALCO AGENCIES Market Premium Indicators

Risk Adjusted Performance(0.13)
Jensen Alpha(0.29)
Total Risk Alpha(0.99)
Treynor Ratio1.7

RALCO AGENCIES Backtested Returns

RALCO AGENCIES maintains Sharpe Ratio (i.e. Efficiency) of -0.0437, which implies the company had -0.0437% of return per unit of volatility over the last 3 months. Macroaxis viewpoint regarding forecasting the risk of any stock is to look at both systematic and unsystematic factors of the business, including all available market data and technical indicators. RALCO AGENCIES exposes twenty-eight different technical indicators, which can help you to evaluate volatility that cannot be diversified away. Please be advised to check RALCO AGENCIES market risk adjusted performance of 1.71, and coefficient of variation of (1,581) to confirm the risk estimate we provide. The firm holds a Beta of -0.2026, which implies not very significant volatility relative to the market. Let's try to break down what RALCO's beta means in this case. As returns on the market increase, returns on owning RALCO AGENCIES are expected to decrease at a much lower rate. During the bear market, RALCO AGENCIES is likely to outperform the market. Even though it is essential to pay attention to RALCO AGENCIES current trending patterns, it is always good to be careful when utilizing equity existing price patterns. Our way of forecasting any stock's future performance is to check both, its past performance charts as well as the business as a whole, including all available technical indicators. RALCO AGENCIES exposes twenty-eight different technical indicators, which can help you to evaluate its performance. RALCO AGENCIES has an expected return of -0.1359%. Please be advised to check RALCO AGENCIES jensen alpha, sortino ratio, maximum drawdown, as well as the relationship between the total risk alpha and treynor ratio to decide if RALCO AGENCIES stock performance from the past will be repeated in the future.
AdviceVolatility TrendExposureCorrelations
15 days auto-correlation 0.05 
correlation synergy

Virtually no predictability

RALCO AGENCIES has virtually no predictability. Overlapping area represents the amount of predictability between RALCO AGENCIES time series from 5th of April 2020 to 20th of May 2020 and 20th of May 2020 to 4th of July 2020. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of RALCO AGENCIES price movement. The serial correlation of 0.05 indicates that only as little as 5.0% of current RALCO AGENCIES price fluctuation can be explain by its past prices.
Correlation Coefficient0.05
Spearman Rank Test0.3
Residual Average0.0
Price Variance2024.51

RALCO AGENCIES lagged returns against current returns

 Current and Lagged Values 
      Timeline 

RALCO AGENCIES regressed lagged prices vs. current prices

 Current vs Lagged Prices 
      Timeline 

RALCO AGENCIES Lagged Returns

 Regressed Prices 
      Timeline 

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Additionally, take a look at RALCO AGENCIES Hype Analysis, RALCO AGENCIES Correlation, RALCO AGENCIES Valuation, RALCO AGENCIES Volatility as well as analyze RALCO AGENCIES Alpha and Beta and RALCO AGENCIES Performance. Please also try Portfolio Anywhere module to track or share privately all of your investments from the convenience of any device.
Macroaxis is not a registered investment advisor or broker/dealer. All investments, including stocks, funds, ETFs, or cryptocurrencies, are speculative and involve substantial risk of loss. We encourage our investors to invest carefully. Much of our information is derived directly from data published by companies or submitted to governmental agencies which we believe are reliable, but are without our independent verification. Therefore, we cannot assure you that the information is accurate or complete. We do not in any way warrant or guarantee the success of any action you take in reliance on our statements or recommendations. Also, note that past performance is not necessarily indicative of future results. All investments carry risk, and all investment decisions of an individual remain the responsibility of that individual. There is no guarantee that systems, indicators, or signals will result in profits or that they will not result in losses. All investors are advised to fully understand all risks associated with any investing they choose to do. Hypothetical or simulated performance is not indicative of future results. We make no representations or warranties that any investor will, or is likely to, achieve profits similar to those shown because hypothetical or simulated performance is not necessarily indicative of future results. For more information please visit our terms and condition page