Intelicanna (Israel) Market Value
| INTL Stock | 68.70 0.10 0.15% |
| Symbol | Intelicanna |
Intelicanna '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 Intelicanna'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 Intelicanna.
| 10/31/2024 |
| 11/30/2024 |
If you would invest 0.00 in Intelicanna on October 31, 2024 and sell it all today you would earn a total of 0.00 from holding Intelicanna or generate 0.0% return on investment in Intelicanna over 30 days. Intelicanna is related to or competes with Brainsway, Mivne Real, Photomyne, Israel Land, Bezeq Israeli, and ICL Israel. More
Intelicanna 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 Intelicanna'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 Intelicanna upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 4.79 | |||
| Information Ratio | 0.0256 | |||
| Maximum Drawdown | 33.21 | |||
| Value At Risk | (6.67) | |||
| Potential Upside | 12.5 |
Intelicanna Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Intelicanna's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Intelicanna's standard deviation. In reality, there are many statistical measures that can use Intelicanna historical prices to predict the future Intelicanna's volatility.| Risk Adjusted Performance | 0.0469 | |||
| Jensen Alpha | 0.2452 | |||
| Total Risk Alpha | (0.67) | |||
| Sortino Ratio | 0.03 | |||
| Treynor Ratio | 1.32 |
Intelicanna Backtested Returns
Intelicanna appears to be not too volatile, given 3 months investment horizon. Intelicanna holds Efficiency (Sharpe) Ratio of 0.0868, which attests that the entity had a 0.0868% return per unit of risk over the last 3 months. By evaluating Intelicanna's technical indicators, you can evaluate if the expected return of 0.55% is justified by implied risk. Please utilize Intelicanna's Downside Deviation of 4.79, market risk adjusted performance of 1.33, and Risk Adjusted Performance of 0.0469 to validate if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Intelicanna holds a performance score of 6. The company retains a Market Volatility (i.e., Beta) of 0.21, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Intelicanna's returns are expected to increase less than the market. However, during the bear market, the loss of holding Intelicanna is expected to be smaller as well. Please check Intelicanna's sortino ratio, maximum drawdown, potential upside, as well as the relationship between the treynor ratio and value at risk , to make a quick decision on whether Intelicanna's current trending patterns will revert.
Auto-correlation | 0.04 |
Virtually no predictability
Intelicanna has virtually no predictability. Overlapping area represents the amount of predictability between Intelicanna time series from 31st of October 2024 to 15th of November 2024 and 15th of November 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 Intelicanna price movement. The serial correlation of 0.04 indicates that only as little as 4.0% of current Intelicanna price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.04 | |
| Spearman Rank Test | -0.52 | |
| Residual Average | 0.0 | |
| Price Variance | 18.21 |
Intelicanna lagged returns against current returns
Autocorrelation, which is Intelicanna 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 Intelicanna's stock expected returns. We can calculate the autocorrelation of Intelicanna returns to help us make a trade decision. For example, suppose you find that Intelicanna 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 |
Intelicanna 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 Intelicanna stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Intelicanna stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Intelicanna stock over time.
Current vs Lagged Prices |
| Timeline |
Intelicanna Lagged Returns
When evaluating Intelicanna's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Intelicanna stock have on its future price. Intelicanna 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, Intelicanna autocorrelation shows the relationship between Intelicanna stock current value and its past values and can show if there is a momentum factor associated with investing in Intelicanna.
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 Intelicanna Stock
Intelicanna financial ratios help investors to determine whether Intelicanna 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 Intelicanna with respect to the benefits of owning Intelicanna security.