Klil Industries (Israel) Market Value
| KLIL Stock | ILA 25,120 1,620 6.89% |
| Symbol | Klil |
Klil Industries '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 Klil Industries' 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 Klil Industries.
| 10/29/2024 |
| 11/28/2024 |
If you would invest 0.00 in Klil Industries on October 29, 2024 and sell it all today you would earn a total of 0.00 from holding Klil Industries or generate 0.0% return on investment in Klil Industries over 30 days. Klil Industries is related to or competes with Ormat Technologies, Multi Retail, Nova, B Communications, Holmes Place, Petrochemical, and Israel Opportunity. Klil Industries Ltd designs, develops, manufactures, paints, finishes, and markets aluminum systems for the construction... More
Klil Industries 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 Klil Industries' 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 Klil Industries upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.51 | |||
| Information Ratio | 0.0031 | |||
| Maximum Drawdown | 12.57 | |||
| Value At Risk | (4.34) | |||
| Potential Upside | 4.55 |
Klil Industries Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Klil Industries' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Klil Industries' standard deviation. In reality, there are many statistical measures that can use Klil Industries historical prices to predict the future Klil Industries' volatility.| Risk Adjusted Performance | 0.0484 | |||
| Jensen Alpha | 0.1271 | |||
| Total Risk Alpha | (0.25) | |||
| Sortino Ratio | 0.003 | |||
| Treynor Ratio | (3.49) |
Klil Industries Backtested Returns
Klil Industries appears to be very steady, given 3 months investment horizon. Klil Industries has Sharpe Ratio of 0.16, which conveys that the firm had a 0.16% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Klil Industries, which you can use to evaluate the volatility of the firm. Please exercise Klil Industries' Downside Deviation of 2.51, mean deviation of 1.75, and Risk Adjusted Performance of 0.0484 to check out if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Klil Industries holds a performance score of 12. The company secures a Beta (Market Risk) of -0.0353, which conveys not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Klil Industries are expected to decrease at a much lower rate. During the bear market, Klil Industries is likely to outperform the market. Please check Klil Industries' jensen alpha, sortino ratio, and the relationship between the standard deviation and total risk alpha , to make a quick decision on whether Klil Industries' current price movements will revert.
Auto-correlation | 0.25 |
Poor predictability
Klil Industries has poor predictability. Overlapping area represents the amount of predictability between Klil Industries time series from 29th of October 2024 to 13th of November 2024 and 13th of November 2024 to 28th 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 Klil Industries price movement. The serial correlation of 0.25 indicates that over 25.0% of current Klil Industries price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.25 | |
| Spearman Rank Test | 0.16 | |
| Residual Average | 0.0 | |
| Price Variance | 2 M |
Klil Industries lagged returns against current returns
Autocorrelation, which is Klil Industries 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 Klil Industries' stock expected returns. We can calculate the autocorrelation of Klil Industries returns to help us make a trade decision. For example, suppose you find that Klil Industries 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 |
Klil Industries 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 Klil Industries stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Klil Industries stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Klil Industries stock over time.
Current vs Lagged Prices |
| Timeline |
Klil Industries Lagged Returns
When evaluating Klil Industries' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Klil Industries stock have on its future price. Klil Industries 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, Klil Industries autocorrelation shows the relationship between Klil Industries stock current value and its past values and can show if there is a momentum factor associated with investing in Klil Industries.
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 Klil Stock
Klil Industries financial ratios help investors to determine whether Klil 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 Klil with respect to the benefits of owning Klil Industries security.