Icl Israel Chemicals Stock Market Value
| ICL Stock | USD 4.61 0.03 0.66% |
| Symbol | ICL |
ICL Israel Chemicals Price To Book Ratio
Is Fertilizers & Agricultural Chemicals space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of ICL Israel. If investors know ICL will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about ICL Israel listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.18) | Dividend Share 0.2 | Earnings Share 0.31 | Revenue Per Share 5.373 | Quarterly Revenue Growth (0.06) |
The market value of ICL Israel Chemicals is measured differently than its book value, which is the value of ICL that is recorded on the company's balance sheet. Investors also form their own opinion of ICL Israel's value that differs from its market value or its book value, called intrinsic value, which is ICL Israel's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because ICL Israel's market value can be influenced by many factors that don't directly affect ICL Israel's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between ICL Israel's value and its price as these two are different measures arrived at by different means. Investors typically determine if ICL Israel is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ICL Israel's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
ICL 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 ICL 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 ICL Israel.
| 12/09/2023 |
| 12/03/2024 |
If you would invest 0.00 in ICL Israel on December 9, 2023 and sell it all today you would earn a total of 0.00 from holding ICL Israel Chemicals or generate 0.0% return on investment in ICL Israel over 360 days. ICL Israel is related to or competes with CF Industries, Mosaic, American Vanguard, CVR Partners, Intrepid Potash, Bioceres Crop, and E I. ICL Group Ltd, together with its subsidiaries, operates as a specialty minerals and chemicals company worldwide More
ICL 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 ICL 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 ICL Israel Chemicals upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.18 | |||
| Information Ratio | (0.03) | |||
| Maximum Drawdown | 9.87 | |||
| Value At Risk | (3.06) | |||
| Potential Upside | 4.2 |
ICL Israel Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for ICL Israel's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as ICL Israel's standard deviation. In reality, there are many statistical measures that can use ICL Israel historical prices to predict the future ICL Israel's volatility.| Risk Adjusted Performance | 0.0221 | |||
| Jensen Alpha | (0.01) | |||
| Total Risk Alpha | (0.32) | |||
| Sortino Ratio | (0.03) | |||
| Treynor Ratio | 0.0823 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of ICL Israel's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
ICL Israel Chemicals Backtested Returns
As of now, ICL Stock is slightly risky. ICL Israel Chemicals holds Efficiency (Sharpe) Ratio of 0.0642, which attests that the company had a 0.0642% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for ICL Israel Chemicals, which you can use to evaluate the volatility of the entity. Please check out ICL Israel's downside deviation of 2.18, and Semi Deviation of 2.14 to validate if the risk estimate we provide is consistent with the expected return of 0.15%. ICL Israel has a performance score of 5 on a scale of 0 to 100. The firm retains a Market Volatility (i.e., Beta) of 0.46, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, ICL Israel's returns are expected to increase less than the market. However, during the bear market, the loss of holding ICL Israel is expected to be smaller as well. ICL Israel Chemicals now retains a risk of 2.34%. Please check out ICL Israel sortino ratio, skewness, price action indicator, as well as the relationship between the potential upside and rate of daily change , to decide if ICL Israel will be following its current trending patterns.
Auto-correlation | -0.13 |
Insignificant reverse predictability
ICL Israel Chemicals has insignificant reverse predictability. Overlapping area represents the amount of predictability between ICL Israel time series from 9th of December 2023 to 6th of June 2024 and 6th of June 2024 to 3rd 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 ICL Israel Chemicals price movement. The serial correlation of -0.13 indicates that less than 13.0% of current ICL Israel price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.13 | |
| Spearman Rank Test | 0.15 | |
| Residual Average | 0.0 | |
| Price Variance | 0.05 |
ICL Israel Chemicals lagged returns against current returns
Autocorrelation, which is ICL 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 ICL Israel's stock expected returns. We can calculate the autocorrelation of ICL Israel returns to help us make a trade decision. For example, suppose you find that ICL 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 |
ICL 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 ICL Israel stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if ICL Israel stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in ICL Israel stock over time.
Current vs Lagged Prices |
| Timeline |
ICL Israel Lagged Returns
When evaluating ICL Israel's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of ICL Israel stock have on its future price. ICL 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, ICL Israel autocorrelation shows the relationship between ICL Israel stock current value and its past values and can show if there is a momentum factor associated with investing in ICL Israel Chemicals.
Regressed Prices |
| Timeline |
Building efficient market-beating portfolios requires time, education, and a lot of computing power!
The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.
Try AI Portfolio ArchitectCheck out ICL Israel Correlation, ICL Israel Volatility and ICL Israel Alpha and Beta module to complement your research on ICL Israel. You can also try the CEOs Directory module to screen CEOs from public companies around the world.
ICL Israel technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.