FIBI Holdings (Israel) Market Value
| FIBIH Stock | ILA 17,890 310.00 1.70% |
| Symbol | FIBI |
FIBI Holdings '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 FIBI Holdings' 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 FIBI Holdings.
| 10/30/2024 |
| 11/29/2024 |
If you would invest 0.00 in FIBI Holdings on October 30, 2024 and sell it all today you would earn a total of 0.00 from holding FIBI Holdings or generate 0.0% return on investment in FIBI Holdings over 30 days. FIBI Holdings is related to or competes with First International, Mizrahi Tefahot, Israel Discount, Bank Leumi, and Bank Hapoalim. Holdings Ltd operates as the holding company for The First International Bank of Israel Ltd More
FIBI Holdings 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 FIBI Holdings' 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 FIBI Holdings upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.37 | |||
| Information Ratio | 0.0458 | |||
| Maximum Drawdown | 4.75 | |||
| Value At Risk | (1.79) | |||
| Potential Upside | 2.09 |
FIBI Holdings Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for FIBI Holdings' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as FIBI Holdings' standard deviation. In reality, there are many statistical measures that can use FIBI Holdings historical prices to predict the future FIBI Holdings' volatility.| Risk Adjusted Performance | 0.114 | |||
| Jensen Alpha | 0.1404 | |||
| Total Risk Alpha | (0.02) | |||
| Sortino Ratio | 0.0428 | |||
| Treynor Ratio | 0.5956 |
FIBI Holdings Backtested Returns
FIBI Holdings appears to be very steady, given 3 months investment horizon. FIBI Holdings retains Efficiency (Sharpe Ratio) of 0.25, which denotes the company had a 0.25% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for FIBI Holdings, which you can use to evaluate the volatility of the firm. Please utilize FIBI Holdings' Downside Deviation of 1.37, coefficient of variation of 696.89, and Market Risk Adjusted Performance of 0.6056 to check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, FIBI Holdings holds a performance score of 19. The firm owns a Beta (Systematic Risk) of 0.29, which means not very significant fluctuations relative to the market. As returns on the market increase, FIBI Holdings' returns are expected to increase less than the market. However, during the bear market, the loss of holding FIBI Holdings is expected to be smaller as well. Please check FIBI Holdings' treynor ratio, expected short fall, and the relationship between the jensen alpha and potential upside , to make a quick decision on whether FIBI Holdings' current price history will revert.
Auto-correlation | 0.27 |
Poor predictability
FIBI Holdings has poor predictability. Overlapping area represents the amount of predictability between FIBI Holdings time series from 30th of October 2024 to 14th of November 2024 and 14th of November 2024 to 29th 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 FIBI Holdings price movement. The serial correlation of 0.27 indicates that nearly 27.0% of current FIBI Holdings price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.27 | |
| Spearman Rank Test | 0.36 | |
| Residual Average | 0.0 | |
| Price Variance | 17 K |
FIBI Holdings lagged returns against current returns
Autocorrelation, which is FIBI Holdings 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 FIBI Holdings' stock expected returns. We can calculate the autocorrelation of FIBI Holdings returns to help us make a trade decision. For example, suppose you find that FIBI Holdings 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 |
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FIBI Holdings 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 FIBI Holdings stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if FIBI Holdings stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in FIBI Holdings stock over time.
Current vs Lagged Prices |
| Timeline |
FIBI Holdings Lagged Returns
When evaluating FIBI Holdings' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of FIBI Holdings stock have on its future price. FIBI Holdings 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, FIBI Holdings autocorrelation shows the relationship between FIBI Holdings stock current value and its past values and can show if there is a momentum factor associated with investing in FIBI Holdings.
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 FIBI Stock Analysis
When running FIBI Holdings' price analysis, check to measure FIBI Holdings' 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 FIBI Holdings is operating at the current time. Most of FIBI Holdings' value examination focuses on studying past and present price action to predict the probability of FIBI Holdings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move FIBI Holdings' price. Additionally, you may evaluate how the addition of FIBI Holdings to your portfolios can decrease your overall portfolio volatility.