Discount Investment (Israel) Market Value
| DISI Stock | 477.00 1.70 0.36% |
| Symbol | Discount |
Discount Investment '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 Discount Investment'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 Discount Investment.
| 12/07/2022 |
| 11/26/2024 |
If you would invest 0.00 in Discount Investment on December 7, 2022 and sell it all today you would earn a total of 0.00 from holding Discount Investment Corp or generate 0.0% return on investment in Discount Investment over 720 days. Discount Investment is related to or competes with Arad, Alony Hetz, Danel, Airport City, and Harel Insurance. Discount Investment Corporation Ltd., a holding company, invests in companies in various sectors in Israel and internati... More
Discount Investment 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 Discount Investment'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 Discount Investment Corp upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.29 | |||
| Information Ratio | 0.1437 | |||
| Maximum Drawdown | 14.52 | |||
| Value At Risk | (3.82) | |||
| Potential Upside | 4.37 |
Discount Investment Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Discount Investment's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Discount Investment's standard deviation. In reality, there are many statistical measures that can use Discount Investment historical prices to predict the future Discount Investment's volatility.| Risk Adjusted Performance | 0.154 | |||
| Jensen Alpha | 0.5275 | |||
| Total Risk Alpha | 0.0829 | |||
| Sortino Ratio | 0.1722 | |||
| Treynor Ratio | (4.94) |
Discount Investment Corp Backtested Returns
Discount Investment appears to be very steady, given 3 months investment horizon. Discount Investment Corp secures Sharpe Ratio (or Efficiency) of 0.3, which denotes the company had a 0.3% return per unit of risk over the last 3 months. By reviewing Discount Investment's technical indicators, you can evaluate if the expected return of 0.86% is justified by implied risk. Please utilize Discount Investment's Downside Deviation of 2.29, mean deviation of 1.93, and Coefficient Of Variation of 522.59 to check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Discount Investment holds a performance score of 23. The firm shows a Beta (market volatility) of -0.1, which means not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Discount Investment are expected to decrease at a much lower rate. During the bear market, Discount Investment is likely to outperform the market. Please check Discount Investment's treynor ratio, value at risk, and the relationship between the sortino ratio and maximum drawdown , to make a quick decision on whether Discount Investment's price patterns will revert.
Auto-correlation | 0.20 |
Weak predictability
Discount Investment Corp has weak predictability. Overlapping area represents the amount of predictability between Discount Investment time series from 7th of December 2022 to 2nd of December 2023 and 2nd of December 2023 to 26th 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 Discount Investment Corp price movement. The serial correlation of 0.2 indicates that over 20.0% of current Discount Investment price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.2 | |
| Spearman Rank Test | 0.18 | |
| Residual Average | 0.0 | |
| Price Variance | 1663.35 |
Discount Investment Corp lagged returns against current returns
Autocorrelation, which is Discount Investment 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 Discount Investment's stock expected returns. We can calculate the autocorrelation of Discount Investment returns to help us make a trade decision. For example, suppose you find that Discount Investment 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 |
Discount Investment 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 Discount Investment stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Discount Investment stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Discount Investment stock over time.
Current vs Lagged Prices |
| Timeline |
Discount Investment Lagged Returns
When evaluating Discount Investment's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Discount Investment stock have on its future price. Discount Investment 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, Discount Investment autocorrelation shows the relationship between Discount Investment stock current value and its past values and can show if there is a momentum factor associated with investing in Discount Investment Corp.
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 Discount Stock
Discount Investment financial ratios help investors to determine whether Discount 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 Discount with respect to the benefits of owning Discount Investment security.