B Communications (Israel) Market Value
| BCOM Stock | ILS 1,656 53.00 3.10% |
| Symbol | BCOM |
B Communications '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 B Communications' 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 B Communications.
| 12/03/2022 |
| 11/22/2024 |
If you would invest 0.00 in B Communications on December 3, 2022 and sell it all today you would earn a total of 0.00 from holding B Communications or generate 0.0% return on investment in B Communications over 720 days. B Communications is related to or competes with Bezeq Israeli, Partner, Cellcom Israel, Tower Semiconductor, and Israel Discount. B Communications Ltd., through its subsidiaries, provides a range of telecommunications services for business and privat... More
B Communications 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 B Communications' 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 B Communications upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.1 | |||
| Information Ratio | 0.1333 | |||
| Maximum Drawdown | 16.14 | |||
| Value At Risk | (3.10) | |||
| Potential Upside | 4.9 |
B Communications Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for B Communications' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as B Communications' standard deviation. In reality, there are many statistical measures that can use B Communications historical prices to predict the future B Communications' volatility.| Risk Adjusted Performance | 0.1399 | |||
| Jensen Alpha | 0.4635 | |||
| Total Risk Alpha | 0.1072 | |||
| Sortino Ratio | 0.1709 | |||
| Treynor Ratio | (7.77) |
B Communications Backtested Returns
B Communications appears to be very steady, given 3 months investment horizon. B Communications retains Efficiency (Sharpe Ratio) of 0.27, which signifies that the company had a 0.27% return per unit of risk over the last 3 months. By evaluating B Communications' technical indicators, you can evaluate if the expected return of 0.77% is justified by implied risk. Please makes use of B Communications' market risk adjusted performance of (7.76), and Coefficient Of Variation of 574.56 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, B Communications holds a performance score of 21. The firm owns a Beta (Systematic Risk) of -0.0589, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning B Communications are expected to decrease at a much lower rate. During the bear market, B Communications is likely to outperform the market. Please check B Communications' semi deviation, coefficient of variation, and the relationship between the mean deviation and downside deviation , to make a quick decision on whether B Communications' current price history will revert.
Auto-correlation | 0.40 |
Average predictability
B Communications has average predictability. Overlapping area represents the amount of predictability between B Communications time series from 3rd of December 2022 to 28th of November 2023 and 28th of November 2023 to 22nd of November 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 B Communications price movement. The serial correlation of 0.4 indicates that just about 40.0% of current B Communications price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.4 | |
| Spearman Rank Test | 0.02 | |
| Residual Average | 0.0 | |
| Price Variance | 16.2 K |
B Communications lagged returns against current returns
Autocorrelation, which is B Communications 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 B Communications' stock expected returns. We can calculate the autocorrelation of B Communications returns to help us make a trade decision. For example, suppose you find that B Communications 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 |
B Communications 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 B Communications stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if B Communications stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in B Communications stock over time.
Current vs Lagged Prices |
| Timeline |
B Communications Lagged Returns
When evaluating B Communications' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of B Communications stock have on its future price. B Communications 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, B Communications autocorrelation shows the relationship between B Communications stock current value and its past values and can show if there is a momentum factor associated with investing in B Communications.
Regressed Prices |
| Timeline |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Other Information on Investing in BCOM Stock
B Communications financial ratios help investors to determine whether BCOM Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in BCOM with respect to the benefits of owning B Communications security.