Poalim Ibi (Israel) Market Value
| PIU Stock | ILS 680.00 9.90 1.43% |
| Symbol | Poalim |
Poalim Ibi '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 Poalim Ibi'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 Poalim Ibi.
| 11/30/2023 |
| 11/24/2024 |
If you would invest 0.00 in Poalim Ibi on November 30, 2023 and sell it all today you would earn a total of 0.00 from holding Poalim Ibi or generate 0.0% return on investment in Poalim Ibi over 360 days. Poalim Ibi is related to or competes with Migdal Insurance, Electreon Wireless, First International, Altshuler Shaham, Hiron Trade, Israel Discount, and Harel Insurance. Poalim IBI - Management and Underwriting Ltd More
Poalim Ibi 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 Poalim Ibi'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 Poalim Ibi upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.17 | |||
| Information Ratio | (0.02) | |||
| Maximum Drawdown | 8.56 | |||
| Value At Risk | (3.71) | |||
| Potential Upside | 3.9 |
Poalim Ibi Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Poalim Ibi's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Poalim Ibi's standard deviation. In reality, there are many statistical measures that can use Poalim Ibi historical prices to predict the future Poalim Ibi's volatility.| Risk Adjusted Performance | 0.0343 | |||
| Jensen Alpha | 0.072 | |||
| Total Risk Alpha | (0.29) | |||
| Sortino Ratio | (0.02) | |||
| Treynor Ratio | 12.75 |
Poalim Ibi Backtested Returns
At this point, Poalim Ibi is very steady. Poalim Ibi maintains Sharpe Ratio (i.e., Efficiency) of 0.0838, which implies the firm had a 0.0838% return per unit of risk over the last 3 months. We have found thirty technical indicators for Poalim Ibi, which you can use to evaluate the volatility of the company. Please check Poalim Ibi's Risk Adjusted Performance of 0.0343, coefficient of variation of 2775.63, and Semi Deviation of 2.06 to confirm if the risk estimate we provide is consistent with the expected return of 0.19%. Poalim Ibi has a performance score of 6 on a scale of 0 to 100. The company holds a Beta of 0.0057, which implies not very significant fluctuations relative to the market. As returns on the market increase, Poalim Ibi's returns are expected to increase less than the market. However, during the bear market, the loss of holding Poalim Ibi is expected to be smaller as well. Poalim Ibi right now holds a risk of 2.22%. Please check Poalim Ibi potential upside, rate of daily change, and the relationship between the sortino ratio and skewness , to decide if Poalim Ibi will be following its historical price patterns.
Auto-correlation | 0.26 |
Poor predictability
Poalim Ibi has poor predictability. Overlapping area represents the amount of predictability between Poalim Ibi time series from 30th of November 2023 to 28th of May 2024 and 28th of May 2024 to 24th 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 Poalim Ibi price movement. The serial correlation of 0.26 indicates that nearly 26.0% of current Poalim Ibi price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.26 | |
| Spearman Rank Test | 0.09 | |
| Residual Average | 0.0 | |
| Price Variance | 810.24 |
Poalim Ibi lagged returns against current returns
Autocorrelation, which is Poalim Ibi 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 Poalim Ibi's stock expected returns. We can calculate the autocorrelation of Poalim Ibi returns to help us make a trade decision. For example, suppose you find that Poalim Ibi 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 |
Poalim Ibi 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 Poalim Ibi stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Poalim Ibi stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Poalim Ibi stock over time.
Current vs Lagged Prices |
| Timeline |
Poalim Ibi Lagged Returns
When evaluating Poalim Ibi's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Poalim Ibi stock have on its future price. Poalim Ibi 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, Poalim Ibi autocorrelation shows the relationship between Poalim Ibi stock current value and its past values and can show if there is a momentum factor associated with investing in Poalim Ibi.
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 Poalim Stock
Poalim Ibi financial ratios help investors to determine whether Poalim 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 Poalim with respect to the benefits of owning Poalim Ibi security.