Inter Industries (Israel) Market Value
| ININ Stock | ILS 250.10 2.80 1.11% |
| Symbol | Inter |
Inter Industries '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 Inter Industries' 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 Inter Industries.
| 11/24/2024 |
| 12/24/2024 |
If you would invest 0.00 in Inter Industries on November 24, 2024 and sell it all today you would earn a total of 0.00 from holding Inter Industries or generate 0.0% return on investment in Inter Industries over 30 days. Inter Industries is related to or competes with Palram, Shagrir Group, EN Shoham, Lapidoth, and Shufersal. Inter Industries Ltd. engages in the energy and infrastructure businesses in Israel More
Inter Industries 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 Inter Industries' 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 Inter Industries upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.05 | |||
| Information Ratio | 0.0271 | |||
| Maximum Drawdown | 16.22 | |||
| Value At Risk | (4.06) | |||
| Potential Upside | 4.4 |
Inter Industries Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Inter Industries' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Inter Industries' standard deviation. In reality, there are many statistical measures that can use Inter Industries historical prices to predict the future Inter Industries' volatility.| Risk Adjusted Performance | 0.0382 | |||
| Jensen Alpha | 0.0947 | |||
| Total Risk Alpha | 0.0174 | |||
| Sortino Ratio | 0.0242 | |||
| Treynor Ratio | 1.01 |
Inter Industries Backtested Returns
Inter Industries appears to be very steady, given 3 months investment horizon. Inter Industries holds Efficiency (Sharpe) Ratio of 0.11, which attests that the entity had a 0.11% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Inter Industries, which you can use to evaluate the volatility of the firm. Please utilize Inter Industries' Risk Adjusted Performance of 0.0382, market risk adjusted performance of 1.02, and Downside Deviation of 3.05 to validate if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Inter Industries holds a performance score of 8. The company retains a Market Volatility (i.e., Beta) of 0.0959, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Inter Industries' returns are expected to increase less than the market. However, during the bear market, the loss of holding Inter Industries is expected to be smaller as well. Please check Inter Industries' maximum drawdown, potential upside, and the relationship between the treynor ratio and value at risk , to make a quick decision on whether Inter Industries' current trending patterns will revert.
Auto-correlation | -0.72 |
Almost perfect reverse predictability
Inter Industries has almost perfect reverse predictability. Overlapping area represents the amount of predictability between Inter Industries time series from 24th of November 2024 to 9th of December 2024 and 9th of December 2024 to 24th 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 Inter Industries price movement. The serial correlation of -0.72 indicates that around 72.0% of current Inter Industries price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.72 | |
| Spearman Rank Test | -0.73 | |
| Residual Average | 0.0 | |
| Price Variance | 15.56 |
Inter Industries lagged returns against current returns
Autocorrelation, which is Inter Industries 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 Inter Industries' stock expected returns. We can calculate the autocorrelation of Inter Industries returns to help us make a trade decision. For example, suppose you find that Inter Industries 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 |
Inter Industries 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 Inter Industries stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Inter Industries stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Inter Industries stock over time.
Current vs Lagged Prices |
| Timeline |
Inter Industries Lagged Returns
When evaluating Inter Industries' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Inter Industries stock have on its future price. Inter Industries 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, Inter Industries autocorrelation shows the relationship between Inter Industries stock current value and its past values and can show if there is a momentum factor associated with investing in Inter Industries.
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 Inter Stock
Inter Industries financial ratios help investors to determine whether Inter 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 Inter with respect to the benefits of owning Inter Industries security.