Israel Land (Israel) Market Value
| ILDC Stock | ILS 3,585 136.00 3.94% |
| Symbol | Israel |
Israel Land '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 Land'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 Land.
| 06/03/2024 |
| 11/30/2024 |
If you would invest 0.00 in Israel Land on June 3, 2024 and sell it all today you would earn a total of 0.00 from holding Israel Land Development or generate 0.0% return on investment in Israel Land over 180 days. Israel Land is related to or competes with Alony Hetz, Melisron, Azrieli, Amot Investments, and Nice. The Israel Land Development Company Ltd., together with its subsidiaries, engages in the real-estate, hotels, outdoor ad... More
Israel Land 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 Land'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 Land Development upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.38 | |||
| Information Ratio | 0.0947 | |||
| Maximum Drawdown | 7.62 | |||
| Value At Risk | (3.05) | |||
| Potential Upside | 4.03 |
Israel Land Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Israel Land's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Israel Land's standard deviation. In reality, there are many statistical measures that can use Israel Land historical prices to predict the future Israel Land's volatility.| Risk Adjusted Performance | 0.1284 | |||
| Jensen Alpha | 0.297 | |||
| Total Risk Alpha | (0.03) | |||
| Sortino Ratio | 0.0844 | |||
| Treynor Ratio | 1.32 |
Israel Land Development Backtested Returns
Israel Land appears to be very steady, given 3 months investment horizon. Israel Land Development holds Efficiency (Sharpe) Ratio of 0.16, which attests that the entity had a 0.16% return per unit of risk over the last 3 months. We have found thirty technical indicators for Israel Land Development, which you can use to evaluate the volatility of the firm. Please utilize Israel Land's Risk Adjusted Performance of 0.1284, market risk adjusted performance of 1.33, and Downside Deviation of 2.38 to validate if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Israel Land holds a performance score of 12. The company retains a Market Volatility (i.e., Beta) of 0.25, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Israel Land's returns are expected to increase less than the market. However, during the bear market, the loss of holding Israel Land is expected to be smaller as well. Please check Israel Land's treynor ratio, value at risk, and the relationship between the sortino ratio and maximum drawdown , to make a quick decision on whether Israel Land's current trending patterns will revert.
Auto-correlation | -0.2 |
Insignificant reverse predictability
Israel Land Development has insignificant reverse predictability. Overlapping area represents the amount of predictability between Israel Land time series from 3rd of June 2024 to 1st of September 2024 and 1st of September 2024 to 30th 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 Land Development price movement. The serial correlation of -0.2 indicates that over 20.0% of current Israel Land price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.2 | |
| Spearman Rank Test | -0.25 | |
| Residual Average | 0.0 | |
| Price Variance | 22.1 K |
Israel Land Development lagged returns against current returns
Autocorrelation, which is Israel Land 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 Land's stock expected returns. We can calculate the autocorrelation of Israel Land returns to help us make a trade decision. For example, suppose you find that Israel Land 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 Land 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 Land stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Israel Land stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Israel Land stock over time.
Current vs Lagged Prices |
| Timeline |
Israel Land Lagged Returns
When evaluating Israel Land's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Israel Land stock have on its future price. Israel Land 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 Land autocorrelation shows the relationship between Israel Land stock current value and its past values and can show if there is a momentum factor associated with investing in Israel Land Development.
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 Land 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 Land security.