IES Holdings (Israel) Market Value
| IES Stock | ILS 25,000 150.00 0.60% |
| Symbol | IES |
IES Holdings '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 IES Holdings' 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 IES Holdings.
| 11/28/2024 |
| 12/28/2024 |
If you would invest 0.00 in IES Holdings on November 28, 2024 and sell it all today you would earn a total of 0.00 from holding IES Holdings or generate 0.0% return on investment in IES Holdings over 30 days. IES Holdings is related to or competes with Summit, Harel Insurance, Delek Automotive, Sella Real, and Shikun Binui. IES Holdings Ltd. primarily engages in the production and marketing of construction products in Israel More
IES Holdings 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 IES Holdings' 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 IES Holdings upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.59 | |||
| Information Ratio | 0.1432 | |||
| Maximum Drawdown | 7.31 | |||
| Value At Risk | (2.41) | |||
| Potential Upside | 3.87 |
IES Holdings Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for IES Holdings' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as IES Holdings' standard deviation. In reality, there are many statistical measures that can use IES Holdings historical prices to predict the future IES Holdings' volatility.| Risk Adjusted Performance | 0.1334 | |||
| Jensen Alpha | 0.2973 | |||
| Total Risk Alpha | 0.2425 | |||
| Sortino Ratio | 0.1716 | |||
| Treynor Ratio | (4.00) |
IES Holdings Backtested Returns
IES Holdings appears to be very steady, given 3 months investment horizon. IES Holdings holds Efficiency (Sharpe) Ratio of 0.26, which attests that the entity had a 0.26% return per unit of volatility over the last 3 months. We have found thirty technical indicators for IES Holdings, which you can use to evaluate the volatility of the firm. Please utilize IES Holdings' market risk adjusted performance of (3.99), and Risk Adjusted Performance of 0.1334 to validate if our risk estimates are consistent with your expectations. On a scale of 0 to 100, IES Holdings holds a performance score of 20. The company retains a Market Volatility (i.e., Beta) of -0.074, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning IES Holdings are expected to decrease at a much lower rate. During the bear market, IES Holdings is likely to outperform the market. Please check IES Holdings' semi variance, and the relationship between the maximum drawdown and accumulation distribution , to make a quick decision on whether IES Holdings' current trending patterns will revert.
Auto-correlation | 0.64 |
Good predictability
IES Holdings has good predictability. Overlapping area represents the amount of predictability between IES Holdings time series from 28th of November 2024 to 13th of December 2024 and 13th of December 2024 to 28th 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 IES Holdings price movement. The serial correlation of 0.64 indicates that roughly 64.0% of current IES Holdings price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.64 | |
| Spearman Rank Test | 0.75 | |
| Residual Average | 0.0 | |
| Price Variance | 69.8 K |
IES Holdings lagged returns against current returns
Autocorrelation, which is IES Holdings 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 IES Holdings' stock expected returns. We can calculate the autocorrelation of IES Holdings returns to help us make a trade decision. For example, suppose you find that IES Holdings 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 |
IES Holdings 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 IES Holdings stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if IES Holdings stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in IES Holdings stock over time.
Current vs Lagged Prices |
| Timeline |
IES Holdings Lagged Returns
When evaluating IES Holdings' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of IES Holdings stock have on its future price. IES Holdings 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, IES Holdings autocorrelation shows the relationship between IES Holdings stock current value and its past values and can show if there is a momentum factor associated with investing in IES Holdings.
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.Additional Information and Resources on Investing in IES Stock
When determining whether IES Holdings offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of IES Holdings' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Ies Holdings Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Ies Holdings Stock:Check out IES Holdings Correlation, IES Holdings Volatility and IES Holdings Alpha and Beta module to complement your research on IES Holdings. For information on how to trade IES Stock refer to our How to Trade IES Stock guide.You can also try the Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.
IES Holdings 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.