Israel Corp (Israel) Market Value
| ILCO Stock | ILA 85,670 1,360 1.61% |
| Symbol | Israel |
Israel Corp '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 Israel Corp'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 Israel Corp.
| 10/23/2024 |
| 11/22/2024 |
If you would invest 0.00 in Israel Corp on October 23, 2024 and sell it all today you would earn a total of 0.00 from holding Israel Corp or generate 0.0% return on investment in Israel Corp over 30 days. Israel Corp is related to or competes with ICL Israel, Imed Infinity, Hiron Trade, Electreon Wireless, B Communications, and Sofwave Medical. Israel Corporation Ltd, together with its subsidiaries, engages in the specialty minerals and chemicals, and refining an... More
Israel Corp 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 Israel Corp'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 Israel Corp upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.4 | |||
| Information Ratio | 0.0027 | |||
| Maximum Drawdown | 14.15 | |||
| Value At Risk | (4.26) | |||
| Potential Upside | 4.2 |
Israel Corp Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Israel Corp's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Israel Corp's standard deviation. In reality, there are many statistical measures that can use Israel Corp historical prices to predict the future Israel Corp's volatility.| Risk Adjusted Performance | 0.0403 | |||
| Jensen Alpha | 0.0829 | |||
| Total Risk Alpha | (0.24) | |||
| Sortino Ratio | 0.0031 | |||
| Treynor Ratio | 0.4448 |
Israel Corp Backtested Returns
At this point, Israel Corp is very steady. Israel Corp holds Efficiency (Sharpe) Ratio of 0.0435, which attests that the entity had a 0.0435% return per unit of risk over the last 3 months. We have found thirty technical indicators for Israel Corp, which you can use to evaluate the volatility of the firm. Please check out Israel Corp's Risk Adjusted Performance of 0.0403, market risk adjusted performance of 0.4548, and Downside Deviation of 2.4 to validate if the risk estimate we provide is consistent with the expected return of 0.12%. Israel Corp has a performance score of 3 on a scale of 0 to 100. The company retains a Market Volatility (i.e., Beta) of 0.24, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Israel Corp's returns are expected to increase less than the market. However, during the bear market, the loss of holding Israel Corp is expected to be smaller as well. Israel Corp right now retains a risk of 2.69%. Please check out Israel Corp treynor ratio, value at risk, and the relationship between the sortino ratio and maximum drawdown , to decide if Israel Corp will be following its current trending patterns.
Auto-correlation | -0.13 |
Insignificant reverse predictability
Israel Corp has insignificant reverse predictability. Overlapping area represents the amount of predictability between Israel Corp time series from 23rd of October 2024 to 7th of November 2024 and 7th of November 2024 to 22nd 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 Israel Corp price movement. The serial correlation of -0.13 indicates that less than 13.0% of current Israel Corp price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.13 | |
| Spearman Rank Test | 0.17 | |
| Residual Average | 0.0 | |
| Price Variance | 958.5 K |
Israel Corp lagged returns against current returns
Autocorrelation, which is Israel Corp 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 Israel Corp's stock expected returns. We can calculate the autocorrelation of Israel Corp returns to help us make a trade decision. For example, suppose you find that Israel Corp 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 |
Israel Corp 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 Israel Corp stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Israel Corp stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Israel Corp stock over time.
Current vs Lagged Prices |
| Timeline |
Israel Corp Lagged Returns
When evaluating Israel Corp's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Israel Corp stock have on its future price. Israel Corp 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, Israel Corp autocorrelation shows the relationship between Israel Corp stock current value and its past values and can show if there is a momentum factor associated with investing in Israel 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 Israel Stock
Israel Corp financial ratios help investors to determine whether Israel 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 Israel with respect to the benefits of owning Israel Corp security.