Cellcom Israel (Israel) Market Value
| CEL Stock | ILA 2,054 24.00 1.18% |
| Symbol | Cellcom |
Cellcom Israel '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 Cellcom Israel'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 Cellcom Israel.
| 11/12/2024 |
| 12/12/2024 |
If you would invest 0.00 in Cellcom Israel on November 12, 2024 and sell it all today you would earn a total of 0.00 from holding Cellcom Israel or generate 0.0% return on investment in Cellcom Israel over 30 days. Cellcom Israel is related to or competes with Opko Health, Arad Investment, Inrom Construction, Imed Infinity, B Communications, Meitav Dash, and Multi Retail. Cellcom Israel Ltd. provides cellular communications services in Israel More
Cellcom Israel 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 Cellcom Israel'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 Cellcom Israel upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.0 | |||
| Information Ratio | 0.1885 | |||
| Maximum Drawdown | 12.58 | |||
| Value At Risk | (2.95) | |||
| Potential Upside | 3.75 |
Cellcom Israel Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Cellcom Israel's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Cellcom Israel's standard deviation. In reality, there are many statistical measures that can use Cellcom Israel historical prices to predict the future Cellcom Israel's volatility.| Risk Adjusted Performance | 0.1831 | |||
| Jensen Alpha | 0.5225 | |||
| Total Risk Alpha | 0.1815 | |||
| Sortino Ratio | 0.2109 | |||
| Treynor Ratio | 4.6 |
Cellcom Israel Backtested Returns
Cellcom Israel appears to be very steady, given 3 months investment horizon. Cellcom Israel secures Sharpe Ratio (or Efficiency) of 0.25, which signifies that the company had a 0.25% return per unit of risk over the last 3 months. By analyzing Cellcom Israel's technical indicators, you can evaluate if the expected return of 0.58% is justified by implied risk. Please makes use of Cellcom Israel's Downside Deviation of 2.0, risk adjusted performance of 0.1831, and Mean Deviation of 1.62 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Cellcom Israel holds a performance score of 19. The firm shows a Beta (market volatility) of 0.12, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Cellcom Israel's returns are expected to increase less than the market. However, during the bear market, the loss of holding Cellcom Israel is expected to be smaller as well. Please check Cellcom Israel's jensen alpha, potential upside, accumulation distribution, as well as the relationship between the treynor ratio and expected short fall , to make a quick decision on whether Cellcom Israel's price patterns will revert.
Auto-correlation | 0.19 |
Very weak predictability
Cellcom Israel has very weak predictability. Overlapping area represents the amount of predictability between Cellcom Israel time series from 12th of November 2024 to 27th of November 2024 and 27th of November 2024 to 12th 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 Cellcom Israel price movement. The serial correlation of 0.19 indicates that over 19.0% of current Cellcom Israel price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.19 | |
| Spearman Rank Test | 0.53 | |
| Residual Average | 0.0 | |
| Price Variance | 2653.11 |
Cellcom Israel lagged returns against current returns
Autocorrelation, which is Cellcom Israel 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 Cellcom Israel's stock expected returns. We can calculate the autocorrelation of Cellcom Israel returns to help us make a trade decision. For example, suppose you find that Cellcom Israel 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 |
Cellcom Israel 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 Cellcom Israel stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Cellcom Israel stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Cellcom Israel stock over time.
Current vs Lagged Prices |
| Timeline |
Cellcom Israel Lagged Returns
When evaluating Cellcom Israel's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Cellcom Israel stock have on its future price. Cellcom Israel 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, Cellcom Israel autocorrelation shows the relationship between Cellcom Israel stock current value and its past values and can show if there is a momentum factor associated with investing in Cellcom Israel.
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 Cellcom Stock
Cellcom Israel financial ratios help investors to determine whether Cellcom 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 Cellcom with respect to the benefits of owning Cellcom Israel security.