Bank Hapoalim (Israel) Market Value
| POLI Stock | ILA 4,251 41.00 0.97% |
| Symbol | Bank |
Bank Hapoalim '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 Bank Hapoalim'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 Bank Hapoalim.
| 10/26/2024 |
| 11/25/2024 |
If you would invest 0.00 in Bank Hapoalim on October 26, 2024 and sell it all today you would earn a total of 0.00 from holding Bank Hapoalim or generate 0.0% return on investment in Bank Hapoalim over 30 days. Bank Hapoalim is related to or competes with Israel Discount, Bezeq Israeli, and Elbit Systems. Bank Hapoalim B.M., together with its subsidiaries, provides various banking and financial products and services in Isra... More
Bank Hapoalim 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 Bank Hapoalim'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 Bank Hapoalim upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.41 | |||
| Information Ratio | 0.1275 | |||
| Maximum Drawdown | 6.1 | |||
| Value At Risk | (2.41) | |||
| Potential Upside | 2.62 |
Bank Hapoalim Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Bank Hapoalim's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Bank Hapoalim's standard deviation. In reality, there are many statistical measures that can use Bank Hapoalim historical prices to predict the future Bank Hapoalim's volatility.| Risk Adjusted Performance | 0.1737 | |||
| Jensen Alpha | 0.2891 | |||
| Total Risk Alpha | 0.0786 | |||
| Sortino Ratio | 0.1274 | |||
| Treynor Ratio | 3.31 |
Bank Hapoalim Backtested Returns
Bank Hapoalim appears to be very steady, given 3 months investment horizon. Bank Hapoalim secures Sharpe Ratio (or Efficiency) of 0.28, which signifies that the company had a 0.28% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Bank Hapoalim, which you can use to evaluate the volatility of the firm. Please makes use of Bank Hapoalim's Risk Adjusted Performance of 0.1737, downside deviation of 1.41, and Mean Deviation of 1.11 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Bank Hapoalim holds a performance score of 21. The firm shows a Beta (market volatility) of 0.0906, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Bank Hapoalim's returns are expected to increase less than the market. However, during the bear market, the loss of holding Bank Hapoalim is expected to be smaller as well. Please check Bank Hapoalim's sortino ratio, maximum drawdown, and the relationship between the total risk alpha and treynor ratio , to make a quick decision on whether Bank Hapoalim's price patterns will revert.
Auto-correlation | 0.15 |
Insignificant predictability
Bank Hapoalim has insignificant predictability. Overlapping area represents the amount of predictability between Bank Hapoalim time series from 26th of October 2024 to 10th of November 2024 and 10th of November 2024 to 25th 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 Bank Hapoalim price movement. The serial correlation of 0.15 indicates that less than 15.0% of current Bank Hapoalim price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.15 | |
| Spearman Rank Test | 0.27 | |
| Residual Average | 0.0 | |
| Price Variance | 1504.02 |
Bank Hapoalim lagged returns against current returns
Autocorrelation, which is Bank Hapoalim 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 Bank Hapoalim's stock expected returns. We can calculate the autocorrelation of Bank Hapoalim returns to help us make a trade decision. For example, suppose you find that Bank Hapoalim 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 |
Bank Hapoalim 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 Bank Hapoalim stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Bank Hapoalim stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Bank Hapoalim stock over time.
Current vs Lagged Prices |
| Timeline |
Bank Hapoalim Lagged Returns
When evaluating Bank Hapoalim's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Bank Hapoalim stock have on its future price. Bank Hapoalim 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, Bank Hapoalim autocorrelation shows the relationship between Bank Hapoalim stock current value and its past values and can show if there is a momentum factor associated with investing in Bank Hapoalim.
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 Bank Stock
Bank Hapoalim financial ratios help investors to determine whether Bank 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 Bank with respect to the benefits of owning Bank Hapoalim security.