IBI Mutual (Israel) Market Value
| IBITEC-F | 81.70 3.70 4.74% |
| Symbol | IBI |
Please note, there is a significant difference between IBI Mutual's value and its price as these two are different measures arrived at by different means. Investors typically determine if IBI Mutual is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, IBI Mutual's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
IBI Mutual '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 IBI Mutual'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 IBI Mutual.
| 10/04/2023 |
| 11/27/2024 |
If you would invest 0.00 in IBI Mutual on October 4, 2023 and sell it all today you would earn a total of 0.00 from holding IBI Mutual Funds or generate 0.0% return on investment in IBI Mutual over 420 days. IBI Mutual is related to or competes with Nice, Gold Bond, Bank Leumi, ICL Israel, Elbit Systems, Israel Discount, and Ormat Technologies. More
IBI Mutual 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 IBI Mutual'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 IBI Mutual Funds upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.48 | |||
| Information Ratio | 0.1064 | |||
| Maximum Drawdown | 15.31 | |||
| Value At Risk | (1.89) | |||
| Potential Upside | 3.58 |
IBI Mutual Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for IBI Mutual's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as IBI Mutual's standard deviation. In reality, there are many statistical measures that can use IBI Mutual historical prices to predict the future IBI Mutual's volatility.| Risk Adjusted Performance | 0.1322 | |||
| Jensen Alpha | 0.3575 | |||
| Total Risk Alpha | 0.0052 | |||
| Sortino Ratio | 0.1618 | |||
| Treynor Ratio | 17.39 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of IBI Mutual'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.
IBI Mutual Funds Backtested Returns
IBI Mutual appears to be very steady, given 3 months investment horizon. IBI Mutual Funds holds Efficiency (Sharpe) Ratio of 0.25, which attests that the company had a 0.25% return per unit of risk over the last 3 months. By inspecting IBI Mutual's technical indicators, you can evaluate if the expected return of 0.64% is justified by implied risk. Please utilize IBI Mutual's semi deviation of 1.05, and Downside Deviation of 1.48 to validate if our risk estimates are consistent with your expectations. On a scale of 0 to 100, IBI Mutual holds a performance score of 20. The firm retains a Market Volatility (i.e., Beta) of 0.0207, which attests to not very significant fluctuations relative to the market. As returns on the market increase, IBI Mutual's returns are expected to increase less than the market. However, during the bear market, the loss of holding IBI Mutual is expected to be smaller as well. Please check IBI Mutual's total risk alpha, expected short fall, price action indicator, as well as the relationship between the value at risk and daily balance of power , to make a quick decision on whether IBI Mutual's current trending patterns will revert.
Auto-correlation | 0.58 |
Modest predictability
IBI Mutual Funds has modest predictability. Overlapping area represents the amount of predictability between IBI Mutual time series from 4th of October 2023 to 1st of May 2024 and 1st of May 2024 to 27th 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 IBI Mutual Funds price movement. The serial correlation of 0.58 indicates that roughly 58.0% of current IBI Mutual price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.58 | |
| Spearman Rank Test | 0.49 | |
| Residual Average | 0.0 | |
| Price Variance | 43.88 |
IBI Mutual Funds lagged returns against current returns
Autocorrelation, which is IBI Mutual 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 IBI Mutual's stock expected returns. We can calculate the autocorrelation of IBI Mutual returns to help us make a trade decision. For example, suppose you find that IBI Mutual 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 |
IBI Mutual 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 IBI Mutual stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if IBI Mutual stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in IBI Mutual stock over time.
Current vs Lagged Prices |
| Timeline |
IBI Mutual Lagged Returns
When evaluating IBI Mutual's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of IBI Mutual stock have on its future price. IBI Mutual 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, IBI Mutual autocorrelation shows the relationship between IBI Mutual stock current value and its past values and can show if there is a momentum factor associated with investing in IBI Mutual Funds.
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 IBI Stock
IBI Mutual financial ratios help investors to determine whether IBI 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 IBI with respect to the benefits of owning IBI Mutual security.