Internet Gold (Israel) Market Value
| IGLD Stock | ILA 402.00 38.00 8.64% |
| Symbol | Internet |
Internet Gold '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 Internet Gold'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 Internet Gold.
| 10/27/2024 |
| 11/26/2024 |
If you would invest 0.00 in Internet Gold on October 27, 2024 and sell it all today you would earn a total of 0.00 from holding Internet Gold Golden or generate 0.0% return on investment in Internet Gold over 30 days. Internet Gold is related to or competes with B Communications, Amot Investments, Aura Investments, Magic Software, Skyline Investments, Feat Fund, and Batm Advanced. Internet Gold - Golden Lines Ltd. provides various telecommunications services in Israel More
Internet Gold 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 Internet Gold'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 Internet Gold Golden upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.04) | |||
| Maximum Drawdown | 66.34 | |||
| Value At Risk | (14.02) | |||
| Potential Upside | 14.93 |
Internet Gold Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Internet Gold's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Internet Gold's standard deviation. In reality, there are many statistical measures that can use Internet Gold historical prices to predict the future Internet Gold's volatility.| Risk Adjusted Performance | (0.01) | |||
| Jensen Alpha | (0.02) | |||
| Total Risk Alpha | (1.81) | |||
| Treynor Ratio | 0.1293 |
Internet Gold Golden Backtested Returns
Internet Gold Golden holds Efficiency (Sharpe) Ratio of -0.14, which attests that the entity had a -0.14% return per unit of risk over the last 3 months. Internet Gold Golden exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Internet Gold's Standard Deviation of 9.86, risk adjusted performance of (0.01), and Market Risk Adjusted Performance of 0.1393 to validate the risk estimate we provide. The company retains a Market Volatility (i.e., Beta) of -2.01, which attests to a somewhat significant risk relative to the market. As returns on the market increase, returns on owning Internet Gold are expected to decrease by larger amounts. On the other hand, during market turmoil, Internet Gold is expected to outperform it. At this point, Internet Gold Golden has a negative expected return of -1.23%. Please make sure to check out Internet Gold's value at risk, skewness, accumulation distribution, as well as the relationship between the potential upside and kurtosis , to decide if Internet Gold Golden performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.02 |
Virtually no predictability
Internet Gold Golden has virtually no predictability. Overlapping area represents the amount of predictability between Internet Gold time series from 27th of October 2024 to 11th of November 2024 and 11th of November 2024 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 Internet Gold Golden price movement. The serial correlation of 0.02 indicates that only 2.0% of current Internet Gold price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.02 | |
| Spearman Rank Test | -0.22 | |
| Residual Average | 0.0 | |
| Price Variance | 368.74 |
Internet Gold Golden lagged returns against current returns
Autocorrelation, which is Internet Gold 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 Internet Gold's stock expected returns. We can calculate the autocorrelation of Internet Gold returns to help us make a trade decision. For example, suppose you find that Internet Gold 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 |
Internet Gold 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 Internet Gold stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Internet Gold stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Internet Gold stock over time.
Current vs Lagged Prices |
| Timeline |
Internet Gold Lagged Returns
When evaluating Internet Gold's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Internet Gold stock have on its future price. Internet Gold 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, Internet Gold autocorrelation shows the relationship between Internet Gold stock current value and its past values and can show if there is a momentum factor associated with investing in Internet Gold Golden.
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 Internet Stock
Internet Gold financial ratios help investors to determine whether Internet 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 Internet with respect to the benefits of owning Internet Gold security.