Hilan (Israel) Market Value
| HLAN Stock | ILS 22,780 30.00 0.13% |
| Symbol | Hilan |
Hilan '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 Hilan'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 Hilan.
| 11/20/2023 |
| 12/14/2024 |
If you would invest 0.00 in Hilan on November 20, 2023 and sell it all today you would earn a total of 0.00 from holding Hilan or generate 0.0% return on investment in Hilan over 390 days. Hilan is related to or competes with Matrix, Danel, Elbit Systems, Maytronics, and One Software. Hilan Ltd., together with its subsidiaries, develops and implements computerized systems for management of enterprise hu... More
Hilan 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 Hilan'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 Hilan upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.94 | |||
| Information Ratio | 0.062 | |||
| Maximum Drawdown | 9.76 | |||
| Value At Risk | (2.21) | |||
| Potential Upside | 2.95 |
Hilan Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Hilan's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Hilan's standard deviation. In reality, there are many statistical measures that can use Hilan historical prices to predict the future Hilan's volatility.| Risk Adjusted Performance | 0.0908 | |||
| Jensen Alpha | 0.1899 | |||
| Total Risk Alpha | (0.02) | |||
| Sortino Ratio | 0.0581 | |||
| Treynor Ratio | 1.39 |
Hilan Backtested Returns
Hilan appears to be very steady, given 3 months investment horizon. Hilan holds Efficiency (Sharpe) Ratio of 0.2, which attests that the entity had a 0.2% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Hilan, which you can use to evaluate the volatility of the firm. Please utilize Hilan's Risk Adjusted Performance of 0.0908, downside deviation of 1.94, and Market Risk Adjusted Performance of 1.4 to validate if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Hilan holds a performance score of 15. The company retains a Market Volatility (i.e., Beta) of 0.15, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Hilan's returns are expected to increase less than the market. However, during the bear market, the loss of holding Hilan is expected to be smaller as well. Please check Hilan's standard deviation, total risk alpha, treynor ratio, as well as the relationship between the jensen alpha and sortino ratio , to make a quick decision on whether Hilan's current trending patterns will revert.
Auto-correlation | 0.22 |
Weak predictability
Hilan has weak predictability. Overlapping area represents the amount of predictability between Hilan time series from 20th of November 2023 to 2nd of June 2024 and 2nd of June 2024 to 14th 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 Hilan price movement. The serial correlation of 0.22 indicates that over 22.0% of current Hilan price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.22 | |
| Spearman Rank Test | 0.19 | |
| Residual Average | 0.0 | |
| Price Variance | 921.7 K |
Hilan lagged returns against current returns
Autocorrelation, which is Hilan 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 Hilan's stock expected returns. We can calculate the autocorrelation of Hilan returns to help us make a trade decision. For example, suppose you find that Hilan 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 |
Hilan 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 Hilan stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Hilan stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Hilan stock over time.
Current vs Lagged Prices |
| Timeline |
Hilan Lagged Returns
When evaluating Hilan's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Hilan stock have on its future price. Hilan 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, Hilan autocorrelation shows the relationship between Hilan stock current value and its past values and can show if there is a momentum factor associated with investing in Hilan.
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 Hilan Stock
Hilan financial ratios help investors to determine whether Hilan 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 Hilan with respect to the benefits of owning Hilan security.