Bank Leumi (Israel) Market Value
| LUMI Stock | ILS 2,909 27.00 0.92% |
| Symbol | Bank |
Bank Leumi '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 Bank Leumi'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 Bank Leumi.
| 03/26/2024 |
| 04/25/2024 |
If you would invest 0.00 in Bank Leumi on March 26, 2024 and sell it all today you would earn a total of 0.00 from holding Bank Leumi Le Israel or generate 0.0% return on investment in Bank Leumi over 30 days. Bank Leumi is related to or competes with Bezeq Israeli, and Elbit Systems. Bank Leumi le-Israel B.M., together with its subsidiaries, provides banking and financial services in Israel and interna... More
Bank Leumi 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 Bank Leumi'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 Bank Leumi Le Israel upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.07) | |||
| Maximum Drawdown | 9.09 | |||
| Value At Risk | (2.29) | |||
| Potential Upside | 3.12 |
Bank Leumi Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Bank Leumi's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Bank Leumi's standard deviation. In reality, there are many statistical measures that can use Bank Leumi historical prices to predict the future Bank Leumi's volatility.| Risk Adjusted Performance | (0.01) | |||
| Jensen Alpha | (0.04) | |||
| Total Risk Alpha | (0.29) | |||
| Treynor Ratio | 0.4575 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Bank Leumi'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.
Bank Leumi Le Backtested Returns
We consider Bank Leumi very steady. Bank Leumi Le secures Sharpe Ratio (or Efficiency) of 0.0533, which signifies that the company had a 0.0533% return per unit of risk over the last 3 months. We have found twenty-three technical indicators for Bank Leumi Le Israel, which you can use to evaluate the volatility of the firm. Please confirm Bank Leumi's Standard Deviation of 1.78, risk adjusted performance of (0.01), and Mean Deviation of 1.41 to double-check if the risk estimate we provide is consistent with the expected return of 0.098%. Bank Leumi has a performance score of 4 on a scale of 0 to 100. The firm shows a Beta (market volatility) of -0.0999, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Bank Leumi are expected to decrease at a much lower rate. During the bear market, Bank Leumi is likely to outperform the market. Bank Leumi Le right now shows a risk of 1.84%. Please confirm Bank Leumi Le value at risk, skewness, and the relationship between the maximum drawdown and potential upside , to decide if Bank Leumi Le will be following its price patterns.
Auto-correlation | 0.25 |
Poor predictability
Bank Leumi Le Israel has poor predictability. Overlapping area represents the amount of predictability between Bank Leumi time series from 26th of March 2024 to 10th of April 2024 and 10th of April 2024 to 25th 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 Bank Leumi Le price movement. The serial correlation of 0.25 indicates that over 25.0% of current Bank Leumi price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.25 | |
| Spearman Rank Test | 0.54 | |
| Residual Average | 0.0 | |
| Price Variance | 4155.84 |
Bank Leumi Le lagged returns against current returns
Autocorrelation, which is Bank Leumi 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 Bank Leumi's stock expected returns. We can calculate the autocorrelation of Bank Leumi returns to help us make a trade decision. For example, suppose you find that Bank Leumi 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 price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Bank Leumi 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 Bank Leumi stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Bank Leumi stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Bank Leumi stock over time.
Current vs Lagged Prices |
| Timeline |
Bank Leumi Lagged Returns
When evaluating Bank Leumi's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Bank Leumi stock have on its future price. Bank Leumi 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, Bank Leumi autocorrelation shows the relationship between Bank Leumi stock current value and its past values and can show if there is a momentum factor associated with investing in Bank Leumi Le Israel.
Regressed Prices |
| Timeline |
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 Bank Leumi 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, Bank Leumi's short interest history, or implied volatility extrapolated from Bank Leumi options trading.
Building efficient market-beating portfolios requires time, education, and a lot of computing power!
The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.
Try AI Portfolio ArchitectCheck out Bank Leumi Correlation, Bank Leumi Volatility and Bank Leumi Alpha and Beta module to complement your research on Bank Leumi. You can also try the Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.
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.
| Sync Your Broker Sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors. | |
| Balance Of Power Check stock momentum by analyzing Balance Of Power indicator and other technical ratios | |
| Top Crypto Exchanges Search and analyze digital assets across top global cryptocurrency exchanges | |
| Earnings Calls Check upcoming earnings announcements updated hourly across public exchanges | |
| Equity Search Search for actively traded equities including funds and ETFs from over 30 global markets |
Bank Leumi 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.