Bank Hapoalim Adr Stock Market Value
| BKHYY Stock | USD 58.50 2.45 4.02% |
| Symbol | Bank |
Bank Hapoalim '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 Hapoalim's pink sheet 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 Hapoalim.
| 10/29/2024 |
| 11/28/2024 |
If you would invest 0.00 in Bank Hapoalim on October 29, 2024 and sell it all today you would earn a total of 0.00 from holding Bank Hapoalim ADR or generate 0.0% return on investment in Bank Hapoalim over 30 days. Bank Hapoalim is related to or competes with Israel Discount, Baraboo Bancorporation, Schweizerische Nationalbank, Danske Bank, CCSB Financial, Bank of Utica, and First Community. Bank Hapoalim B.M., together with its subsidiaries, provides various banking and financial products and services in Isra... More
Bank Hapoalim 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 Hapoalim's pink sheet 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 Hapoalim ADR upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.084 | |||
| Maximum Drawdown | 7.39 | |||
| Value At Risk | (0.21) | |||
| Potential Upside | 2.73 |
Bank Hapoalim Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Bank Hapoalim's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Bank Hapoalim's standard deviation. In reality, there are many statistical measures that can use Bank Hapoalim historical prices to predict the future Bank Hapoalim's volatility.| Risk Adjusted Performance | 0.125 | |||
| Jensen Alpha | 0.2329 | |||
| Total Risk Alpha | (0.0008) | |||
| Treynor Ratio | 1.04 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Bank Hapoalim'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 Hapoalim ADR Backtested Returns
Bank Hapoalim appears to be very steady, given 3 months investment horizon. Bank Hapoalim ADR secures Sharpe Ratio (or Efficiency) of 0.16, which signifies that the company had a 0.16% return per unit of risk over the last 3 months. We have found twenty-one technical indicators for Bank Hapoalim ADR, which you can use to evaluate the volatility of the firm. Please makes use of Bank Hapoalim's Mean Deviation of 0.764, risk adjusted performance of 0.125, and Standard Deviation of 1.75 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Bank Hapoalim holds a performance score of 12. The firm shows a Beta (market volatility) of 0.25, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Bank Hapoalim's returns are expected to increase less than the market. However, during the bear market, the loss of holding Bank Hapoalim is expected to be smaller as well. Please check Bank Hapoalim's variance, skewness, as well as the relationship between the Skewness and price action indicator , to make a quick decision on whether Bank Hapoalim's price patterns will revert.
Auto-correlation | 0.75 |
Good predictability
Bank Hapoalim ADR has good predictability. Overlapping area represents the amount of predictability between Bank Hapoalim time series from 29th of October 2024 to 13th of November 2024 and 13th of November 2024 to 28th 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 Bank Hapoalim ADR price movement. The serial correlation of 0.75 indicates that around 75.0% of current Bank Hapoalim price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.75 | |
| Spearman Rank Test | 0.98 | |
| Residual Average | 0.0 | |
| Price Variance | 4.41 |
Bank Hapoalim ADR lagged returns against current returns
Autocorrelation, which is Bank Hapoalim pink sheet'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 Hapoalim's pink sheet expected returns. We can calculate the autocorrelation of Bank Hapoalim returns to help us make a trade decision. For example, suppose you find that Bank Hapoalim has exhibited high autocorrelation historically, and you observe that the pink sheet 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 Hapoalim 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 Hapoalim pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Bank Hapoalim pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Bank Hapoalim pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Bank Hapoalim Lagged Returns
When evaluating Bank Hapoalim's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Bank Hapoalim pink sheet have on its future price. Bank Hapoalim 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 Hapoalim autocorrelation shows the relationship between Bank Hapoalim pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Bank Hapoalim ADR.
Regressed Prices |
| Timeline |
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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.Additional Tools for Bank Pink Sheet Analysis
When running Bank Hapoalim's price analysis, check to measure Bank Hapoalim'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 Hapoalim is operating at the current time. Most of Bank Hapoalim's value examination focuses on studying past and present price action to predict the probability of Bank Hapoalim'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 Hapoalim's price. Additionally, you may evaluate how the addition of Bank Hapoalim to your portfolios can decrease your overall portfolio volatility.