Israel Index (Israel) Market Value

NQIL -  Israel Index  

 1,292  19.27  1.51%

Israel Index's market value is the price at which a share of Israel Index stock trades on a public exchange. It measures the collective expectations of Israel Index investors about the entity's future performance. With this module, you can estimate the performance of a buy and hold strategy of Israel Index and determine expected loss or profit from investing in Israel Index over a given investment horizon. Check out Israel Index Hype Analysis, Israel Index Correlation, Portfolio Optimization, Israel Index Volatility, as well as analyze Israel Index Alpha and Beta and Israel Index Performance.
Symbol
Backtest

Please note, there is a significant difference between Israel Index's value and its price as these two are different measures arrived at by different means. Investors typically determine Israel Index value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Israel Index'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.

Israel Index '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 Israel Index's index 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 Israel Index.
0.00
07/03/2021
No Change 0.00  0.0 
In 31 days
08/02/2021
0.00
If you would invest  0.00  in Israel Index on July 3, 2021 and sell it all today you would earn a total of 0.00 from holding Israel Index or generate 0.0% return on investment in Israel Index over 30 days.

Israel Index 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 Israel Index's index 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 Israel Index upside and downside potential and time the market with a certain degree of confidence.

Israel Index Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Israel Index's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Israel Index's standard deviation. In reality, there are many statistical measures that can use Israel Index historical prices to predict the future Israel Index's volatility.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Israel Index's 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 use the tools below to analyze the current value of Israel Index in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
1,2891,2901,291
Details
Intrinsic
Valuation
LowReal ValueHigh
1,2631,2641,419
Details
Naive
Forecast
LowNext ValueHigh
1,3041,3051,306
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
1,1911,2371,284
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Israel Index. Your research has to be compared to or analyzed against Israel Index's peers to derive any actionable benefits. When done correctly, Israel Index's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy towards taking a position in Israel Index.

Israel Index Backtested Returns

Israel Index holds Efficiency (Sharpe) Ratio of 0.094, which attests that the entity had 0.094% of return per unit of risk over the last 3 months. Our standpoint towards determining the volatility of an index is to use all available market data together with index-specific technical indicators that cannot be diversified away. We have found twenty-eight technical indicators for Israel Index, which you can use to evaluate the future volatility of the entity.
The index retains a Market Volatility (i.e., Beta) of 0.0, which attests to not very significant fluctuations relative to the market. Let's try to break down what Israel's beta means in this case. the returns on MARKET and Israel Index are completely uncorrelated. Although it is extremely important to respect Israel Index current price history, it is better to be realistic regarding the information on equity current price movements. The philosophy towards determining future performance of any index is to evaluate the business as a whole together with its past performance, including all available fundamental and technical indicators. By evaluating Israel Index technical indicators, you can presently evaluate if the expected return of 0.0908% will be sustainable into the future.
AdviceVolatility TrendExposureCorrelations

Auto-correlation

    
  (0.77)   

Almost perfect reverse predictability

Israel Index has almost perfect reverse predictability. Overlapping area represents the amount of predictability between Israel Index time series from 3rd of July 2021 to 18th of July 2021 and 18th of July 2021 to 2nd of August 2021. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Israel Index price movement. The serial correlation of -0.77 indicates that around 77.0% of current Israel Index price fluctuation can be explain by its past prices. Given that Israel Index has negative autocorrelation for selected time horizon, investors may consider taking a contrarian position regarding future price movement of Israel Index for similar time interval.
Correlation Coefficient-0.77
Spearman Rank Test-0.7
Residual Average0.0
Price Variance870.69

Israel Index lagged returns against current returns

Autocorrelation, which is Israel Index index'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 Israel Index's index expected returns. We can calculate the autocorrelation of Israel Index returns to help us make a trade decision. For example, suppose you find that Israel Index index has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the stock movement to match the lagging time series.
 Current and Lagged Values 
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      Timeline 

Israel Index 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 Israel Index index is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Israel Index index is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Israel Index index over time.
 Current vs Lagged Prices 
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      Timeline 

Israel Index Lagged Returns

When evaluating Israel Index's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Israel Index index have on its future price. Israel Index 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, Israel Index autocorrelation shows the relationship between Israel Index index current value and its past values and can show if there is a momentum factor associated with investing in Israel Index.
 Regressed Prices 
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      Timeline 

Israel Index Investors Sentiment

The influence of Israel Index's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Israel. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock markets does not have a solid backing from leading economists and market statisticians.

Current Sentiment - NQIL

Israel Index Investor Sentiment

Macroaxis traders are unemotional in their take regarding direction of Israel Index Index. What is your judgment towards investing in Israel companies? Are you bullish or bearish on Israel Index?
Bullish
Bearish
50% Bullish
50% Bearish
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Check out Israel Index Hype Analysis, Israel Index Correlation, Portfolio Optimization, Israel Index Volatility, as well as analyze Israel Index Alpha and Beta and Israel Index Performance. Note that the Israel Index information on this page should be used as a complementary analysis to other Israel Index's 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 Watchlist Optimization module to optimize watchlists to build efficient portfolio or rebalance existing positions based on mean-variance optimization algorithm.

Other Tools for Israel Index

When running Israel Index price analysis, check to measure Israel Index'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 Israel Index is operating at the current time. Most of Israel Index's value examination focuses on studying past and present price action to predict the probability of Israel Index's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Israel Index's price. Additionally, you may evaluate how the addition of Israel Index to your portfolios can decrease your overall portfolio volatility.
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