Bank Leumi Le Israel Stock Beta

LUMI Stock  ILS 2,938  89.00  3.12%   
Bank Leumi Le Israel fundamentals help investors to digest information that contributes to Bank Leumi's financial success or failures. It also enables traders to predict the movement of Bank Stock. The fundamental analysis module provides a way to measure Bank Leumi's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Bank Leumi stock.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

Bank Beta Analysis

Bank Leumi's Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it will be expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.

Beta

 = 

Covariance

Variance

More About Beta | All Equity Analysis

Current Bank Leumi Beta

    
  0.39  
Most of Bank Leumi's fundamental indicators, such as Beta, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Bank Leumi Le Israel is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.
Competition

In accordance with the recently published financial statements, Bank Leumi Le Israel has a Beta of 0.3944. This is 51.9% lower than that of the Banks sector and 41.13% lower than that of the Financials industry. The beta for all Israel stocks is notably lower than that of the firm.

Bank Beta Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Bank Leumi's direct or indirect competition against its Beta to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Bank Leumi could also be used in its relative valuation, which is a method of valuing Bank Leumi by comparing valuation metrics of similar companies.
Bank Leumi is currently under evaluation in beta category among related companies.
As returns on the market increase, Bank Leumi returns are expected to increase less than the market. However, during the bear market, the loss on holding Bank Leumi will be expected to be smaller as well.

Bank Fundamentals

About Bank Leumi Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Bank Leumi Le Israel's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Bank Leumi using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Bank Leumi Le Israel based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Bank Leumi le-Israel B.M., together with its subsidiaries, provides banking and financial services in Israel and internationally. The company was founded in 1902 and is headquartered in Tel Aviv, Israel. BK LEUMI operates under Banks - Regional - Asia classification in Israel and is traded on Tel Aviv Stock Exchange. It employs 9740 people.

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Check out Bank Leumi Piotroski F Score and Bank Leumi Altman Z Score analysis.
You can also try the Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.

Complementary Tools for Bank Stock analysis

When running Bank Leumi's price analysis, check to measure Bank Leumi's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Bank Leumi is operating at the current time. Most of Bank Leumi's value examination focuses on studying past and present price action to predict the probability of Bank Leumi's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Bank Leumi's price. Additionally, you may evaluate how the addition of Bank Leumi to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between Bank Leumi's value and its price as these two are different measures arrived at by different means. Investors typically determine if Bank Leumi is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Bank Leumi's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.