ICL Israel Stock Market Value

ICL Stock  USD 8.01  0.04  0.50%   
ICL Israel's market value is the price at which a share of ICL Israel stock trades on a public exchange. It measures the collective expectations of ICL Israel Chemicals investors about the entity's future performance. With this module, you can estimate the performance of a buy and hold strategy of ICL Israel Chemicals and determine expected loss or profit from investing in ICL Israel over a given investment horizon. Please see ICL Israel Correlation, ICL Israel Volatility and ICL Israel Alpha and Beta module to complement your research on ICL Israel.
Symbol


Is ICL Israel's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of ICL Israel. If investors know ICL Israel will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about ICL Israel listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
1.882
Market Capitalization
10.4 B
Quarterly Revenue Growth
0.407
Return On Assets
0.1916
Return On Equity
0.4322
The market value of ICL Israel Chemicals is measured differently than its book value, which is the value of ICL Israel that is recorded on the company's balance sheet. Investors also form their own opinion of ICL Israel's value that differs from its market value or its book value, called intrinsic value, which is ICL Israel's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because ICL Israel's market value can be influenced by many factors that don't directly affect ICL Israel's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between ICL Israel's value and its price as these two are different measures arrived at by different means. Investors typically determine ICL Israel value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ICL Israel'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.

ICL Israel '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 ICL Israel's stock 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 ICL Israel.
0.00
02/07/2021
No Change 0.00  0.0 
In 1 year 11 months and 22 days
01/28/2023
0.00
If you would invest  0.00  in ICL Israel on February 7, 2021 and sell it all today you would earn a total of 0.00 from holding ICL Israel Chemicals or generate 0.0% return on investment in ICL Israel over 720 days. ICL Israel is related to or competes with AutoNation, Vornado Realty, Hologic, Adidas AG, Baxter International, Cooper Companies, and Tata Motors. ICL Group Ltd, together with its subsidiaries, operates as a specialty minerals and chemicals company worldwide More

ICL Israel 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 ICL Israel's stock 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 ICL Israel Chemicals upside and downside potential and time the market with a certain degree of confidence.

ICL Israel Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for ICL Israel's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as ICL Israel's standard deviation. In reality, there are many statistical measures that can use ICL Israel historical prices to predict the future ICL Israel's volatility.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of ICL Israel'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 ICL Israel in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
5.558.0010.45
Details
Intrinsic
Valuation
LowReal ValueHigh
6.108.5511.00
Details
Naive
Forecast
LowNext ValueHigh
5.457.9010.36
Details
4 Analysts
Consensus
LowTarget PriceHigh
6.009.1011.40
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as ICL Israel. Your research has to be compared to or analyzed against ICL Israel's peers to derive any actionable benefits. When done correctly, ICL Israel'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 ICL Israel Chemicals.

ICL Israel Chemicals Backtested Returns

ICL Israel Chemicals holds Efficiency (Sharpe) Ratio of -0.0468, which attests that the company had -0.0468% of return per unit of risk over the last 3 months. Macroaxis standpoint towards determining 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. ICL Israel Chemicals exposes twenty-one different technical indicators, which can help you to evaluate volatility that cannot be diversified away. Please be advised to check out ICL Israel to validate the risk estimate we provide.
The firm retains a Market Volatility (i.e., Beta) of 1.1062, which attests to a somewhat significant risk relative to the market. Let's try to break down what ICL Israel's beta means in this case. ICL Israel returns are very sensitive to returns on the market. As the market goes up or down, ICL Israel is expected to follow. Even though it is essential to pay attention to ICL Israel Chemicals current price history, it is always good to be careful when utilizing equity current price movements. Our philosophy towards determining 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. ICL Israel Chemicals exposes twenty-one different technical indicators, which can help you to evaluate its performance. ICL Israel Chemicals has an expected return of -0.11%. Please be advised to check out ICL Israel jensen alpha, as well as the relationship between the potential upside and skewness to decide if ICL Israel Chemicals performance from the past will be repeated in the future.

Auto-correlation

    
  -0.75  

Almost perfect reverse predictability

ICL Israel Chemicals has almost perfect reverse predictability. Overlapping area represents the amount of predictability between ICL Israel time series from 7th of February 2021 to 2nd of February 2022 and 2nd of February 2022 to 28th of January 2023. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of ICL Israel Chemicals price movement. The serial correlation of -0.75 indicates that around 75.0% of current ICL Israel price fluctuation can be explain by its past prices.
Correlation Coefficient-0.75
Spearman Rank Test-0.78
Residual Average0.0
Price Variance1.26

ICL Israel Chemicals lagged returns against current returns

Autocorrelation, which is ICL Israel stock'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 ICL Israel's stock expected returns. We can calculate the autocorrelation of ICL Israel returns to help us make a trade decision. For example, suppose you find that ICL Israel stock 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   
       Timeline  

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

ICL Israel Lagged Returns

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

ICL Israel Investors Sentiment

The influence of ICL Israel'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 ICL 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.
Investor biases related to ICL Israel's public news can be used to forecast risks associated with investment in ICL Israel. The trend in average sentiment can be used to explain how an investor holding ICL Israel can time the market purely based on public headlines and social activities around ICL Israel Chemicals. Please note that most equiteis that are difficult to arbitrage are affected by market sentiment the most.
ICL Israel's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for ICL Israel's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average ICL Israel's news discussions. The higher the estimated score, the more favorable is the investor's outlook on ICL Israel.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards ICL Israel in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, ICL Israel's short interest history, or implied volatility extrapolated from ICL Israel options trading.

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Please see ICL Israel Correlation, ICL Israel Volatility and ICL Israel Alpha and Beta module to complement your research on ICL Israel. Note that the ICL Israel Chemicals information on this page should be used as a complementary analysis to other ICL Israel'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 Bollinger Bands module to use Bollinger Bands indicator to analyze target price for a given investing horizon.

Complementary Tools for ICL Israel Stock analysis

When running ICL Israel Chemicals price analysis, check to measure ICL Israel'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 ICL Israel is operating at the current time. Most of ICL Israel's value examination focuses on studying past and present price action to predict the probability of ICL Israel's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move ICL Israel's price. Additionally, you may evaluate how the addition of ICL Israel to your portfolios can decrease your overall portfolio volatility.
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ICL Israel technical stock 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, stock market cycles, or different charting patterns.
A focus of ICL Israel technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of ICL Israel trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...