Tachlit Indices (Israel) Market Value
| TCH-F134 | 34,870 10.00 0.03% |
| Symbol | Tachlit |
Tachlit Indices 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Tachlit Indices' etf what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Tachlit Indices.
| 02/19/2024 |
| 04/19/2024 |
If you would invest 0.00 in Tachlit Indices on February 19, 2024 and sell it all today you would earn a total of 0.00 from holding Tachlit Indices Mutual or generate 0.0% return on investment in Tachlit Indices over 60 days.
Tachlit Indices Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Tachlit Indices' etf current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Tachlit Indices Mutual upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.6553 | |||
| Information Ratio | 0.0599 | |||
| Maximum Drawdown | 3.89 | |||
| Value At Risk | (1.11) | |||
| Potential Upside | 1.54 |
Tachlit Indices Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Tachlit Indices' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Tachlit Indices' standard deviation. In reality, there are many statistical measures that can use Tachlit Indices historical prices to predict the future Tachlit Indices' volatility.| Risk Adjusted Performance | 0.09 | |||
| Jensen Alpha | 0.1082 | |||
| Total Risk Alpha | 0.0292 | |||
| Sortino Ratio | 0.077 | |||
| Treynor Ratio | 6.99 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Tachlit Indices' price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Tachlit Indices. Your research has to be compared to or analyzed against Tachlit Indices' peers to derive any actionable benefits. When done correctly, Tachlit Indices' competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Tachlit Indices Mutual.
Tachlit Indices Mutual Backtested Returns
We consider Tachlit Indices very steady. Tachlit Indices Mutual owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0551, which indicates the etf had a 0.0551% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Tachlit Indices Mutual, which you can use to evaluate the volatility of the etf. Please validate Tachlit Indices' Coefficient Of Variation of 707.92, semi deviation of 0.4802, and Risk Adjusted Performance of 0.09 to confirm if the risk estimate we provide is consistent with the expected return of 0.0414%. The entity has a beta of 0.0156, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Tachlit Indices' returns are expected to increase less than the market. However, during the bear market, the loss of holding Tachlit Indices is expected to be smaller as well.
Auto-correlation | -0.2 |
Insignificant reverse predictability
Tachlit Indices Mutual has insignificant reverse predictability. Overlapping area represents the amount of predictability between Tachlit Indices time series from 19th of February 2024 to 20th of March 2024 and 20th of March 2024 to 19th of April 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Tachlit Indices Mutual price movement. The serial correlation of -0.2 indicates that over 20.0% of current Tachlit Indices price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.2 | |
| Spearman Rank Test | -0.16 | |
| Residual Average | 0.0 | |
| Price Variance | 136.6 K |
Tachlit Indices Mutual lagged returns against current returns
Autocorrelation, which is Tachlit Indices etf's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Tachlit Indices' etf expected returns. We can calculate the autocorrelation of Tachlit Indices returns to help us make a trade decision. For example, suppose you find that Tachlit Indices has exhibited high autocorrelation historically, and you observe that the etf is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Tachlit Indices regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Tachlit Indices etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Tachlit Indices etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Tachlit Indices etf over time.
Current vs Lagged Prices |
| Timeline |
Tachlit Indices Lagged Returns
When evaluating Tachlit Indices' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Tachlit Indices etf have on its future price. Tachlit Indices autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Tachlit Indices autocorrelation shows the relationship between Tachlit Indices etf current value and its past values and can show if there is a momentum factor associated with investing in Tachlit Indices Mutual.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Check out World Market Map to better understand how to build diversified portfolios. Also, note that the market value of any etf could be tightly coupled with the direction of predictive economic indicators such as signals in census. Note that the Tachlit Indices Mutual information on this page should be used as a complementary analysis to other Tachlit Indices' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.
Tachlit Indices technical etf analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, etf market cycles, or different charting patterns.