Poalim Ibi (Israel) Market Value
| PIU Stock | ILS 808.00 3.90 0.48% |
| Symbol | Poalim |
Poalim Ibi '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 Poalim Ibi'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 Poalim Ibi.
| 11/28/2024 |
| 12/28/2024 |
If you would invest 0.00 in Poalim Ibi on November 28, 2024 and sell it all today you would earn a total of 0.00 from holding Poalim Ibi or generate 0.0% return on investment in Poalim Ibi over 30 days. Poalim Ibi is related to or competes with Oron Group, Isras Investment, Hiron Trade, Analyst IMS, Sofwave Medical, and Imed Infinity. Poalim IBI - Management and Underwriting Ltd More
Poalim Ibi 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 Poalim Ibi'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 Poalim Ibi upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.86 | |||
| Information Ratio | 0.169 | |||
| Maximum Drawdown | 8.18 | |||
| Value At Risk | (3.04) | |||
| Potential Upside | 4.34 |
Poalim Ibi Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Poalim Ibi's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Poalim Ibi's standard deviation. In reality, there are many statistical measures that can use Poalim Ibi historical prices to predict the future Poalim Ibi's volatility.| Risk Adjusted Performance | 0.1528 | |||
| Jensen Alpha | 0.3948 | |||
| Total Risk Alpha | 0.33 | |||
| Sortino Ratio | 0.1984 | |||
| Treynor Ratio | (2.14) |
Poalim Ibi Backtested Returns
Poalim Ibi appears to be very steady, given 3 months investment horizon. Poalim Ibi maintains Sharpe Ratio (i.e., Efficiency) of 0.26, which implies the firm had a 0.26% return per unit of risk over the last 3 months. By analyzing Poalim Ibi's technical indicators, you can evaluate if the expected return of 0.52% is justified by implied risk. Please evaluate Poalim Ibi's Coefficient Of Variation of 544.17, semi deviation of 1.51, and Risk Adjusted Performance of 0.1528 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Poalim Ibi holds a performance score of 20. The company holds a Beta of -0.18, which implies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Poalim Ibi are expected to decrease at a much lower rate. During the bear market, Poalim Ibi is likely to outperform the market. Please check Poalim Ibi's potential upside, rate of daily change, and the relationship between the sortino ratio and skewness , to make a quick decision on whether Poalim Ibi's historical price patterns will revert.
Auto-correlation | 0.62 |
Good predictability
Poalim Ibi has good predictability. Overlapping area represents the amount of predictability between Poalim Ibi 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 Poalim Ibi price movement. The serial correlation of 0.62 indicates that roughly 62.0% of current Poalim Ibi price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.62 | |
| Spearman Rank Test | 0.35 | |
| Residual Average | 0.0 | |
| Price Variance | 2210.17 |
Poalim Ibi lagged returns against current returns
Autocorrelation, which is Poalim Ibi 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 Poalim Ibi's stock expected returns. We can calculate the autocorrelation of Poalim Ibi returns to help us make a trade decision. For example, suppose you find that Poalim Ibi 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 |
Poalim Ibi 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 Poalim Ibi stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Poalim Ibi stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Poalim Ibi stock over time.
Current vs Lagged Prices |
| Timeline |
Poalim Ibi Lagged Returns
When evaluating Poalim Ibi's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Poalim Ibi stock have on its future price. Poalim Ibi 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, Poalim Ibi autocorrelation shows the relationship between Poalim Ibi stock current value and its past values and can show if there is a momentum factor associated with investing in Poalim Ibi.
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 Poalim Stock
Poalim Ibi financial ratios help investors to determine whether Poalim 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 Poalim with respect to the benefits of owning Poalim Ibi security.