Issta Lines (Israel) Market Value

ISTA Stock  ILS 9,409  13.00  0.14%   
Issta Lines' market value is the price at which a share of Issta Lines trades on a public exchange. It measures the collective expectations of Issta Lines investors about its performance. Issta Lines is trading at 9409.00 as of the 13th of December 2024, a 0.14 percent increase since the beginning of the trading day. The stock's open price was 9396.0.
With this module, you can estimate the performance of a buy and hold strategy of Issta Lines and determine expected loss or profit from investing in Issta Lines over a given investment horizon. Check out Issta Lines Correlation, Issta Lines Volatility and Issta Lines Alpha and Beta module to complement your research on Issta Lines.
Symbol

Please note, there is a significant difference between Issta Lines' value and its price as these two are different measures arrived at by different means. Investors typically determine if Issta Lines is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Issta Lines' 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.

Issta Lines '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 Issta Lines' 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 Issta Lines.
0.00
12/24/2022
No Change 0.00  0.0 
In 1 year 11 months and 22 days
12/13/2024
0.00
If you would invest  0.00  in Issta Lines on December 24, 2022 and sell it all today you would earn a total of 0.00 from holding Issta Lines or generate 0.0% return on investment in Issta Lines over 720 days. Issta Lines is related to or competes with Fattal 1998, Israel Discount, Azrieli, Shufersal, and El Al. Issta Lines Ltd. provides travel and tourism services to private and business customers, groups, and organizations in Is... More

Issta Lines 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 Issta Lines' 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 Issta Lines upside and downside potential and time the market with a certain degree of confidence.

Issta Lines Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Issta Lines' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Issta Lines' standard deviation. In reality, there are many statistical measures that can use Issta Lines historical prices to predict the future Issta Lines' volatility.
Hype
Prediction
LowEstimatedHigh
9,4079,4099,411
Details
Intrinsic
Valuation
LowRealHigh
7,3157,31710,350
Details
Naive
Forecast
LowNextHigh
9,8149,8169,818
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
8,7229,2629,801
Details

Issta Lines Backtested Returns

Issta Lines appears to be very steady, given 3 months investment horizon. Issta Lines holds Efficiency (Sharpe) Ratio of 0.34, which attests that the entity had a 0.34% return per unit of risk over the last 3 months. By evaluating Issta Lines' technical indicators, you can evaluate if the expected return of 0.65% is justified by implied risk. Please utilize Issta Lines' Market Risk Adjusted Performance of (10.90), downside deviation of 1.98, and Risk Adjusted Performance of 0.2213 to validate if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Issta Lines holds a performance score of 26. The company retains a Market Volatility (i.e., Beta) of -0.0591, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Issta Lines are expected to decrease at a much lower rate. During the bear market, Issta Lines is likely to outperform the market. Please check Issta Lines' treynor ratio, value at risk, and the relationship between the sortino ratio and maximum drawdown , to make a quick decision on whether Issta Lines' current trending patterns will revert.

Auto-correlation

    
  -0.66  

Very good reverse predictability

Issta Lines has very good reverse predictability. Overlapping area represents the amount of predictability between Issta Lines time series from 24th of December 2022 to 19th of December 2023 and 19th of December 2023 to 13th of December 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 Issta Lines price movement. The serial correlation of -0.66 indicates that around 66.0% of current Issta Lines price fluctuation can be explain by its past prices.
Correlation Coefficient-0.66
Spearman Rank Test-0.36
Residual Average0.0
Price Variance741 K

Issta Lines lagged returns against current returns

Autocorrelation, which is Issta Lines 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 Issta Lines' stock expected returns. We can calculate the autocorrelation of Issta Lines returns to help us make a trade decision. For example, suppose you find that Issta Lines 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  

Issta Lines 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 Issta Lines stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Issta Lines stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Issta Lines stock over time.
   Current vs Lagged Prices   
       Timeline  

Issta Lines Lagged Returns

When evaluating Issta Lines' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Issta Lines stock have on its future price. Issta Lines 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, Issta Lines autocorrelation shows the relationship between Issta Lines stock current value and its past values and can show if there is a momentum factor associated with investing in Issta Lines.
   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 Issta Stock

Issta Lines financial ratios help investors to determine whether Issta 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 Issta with respect to the benefits of owning Issta Lines security.