Israel Discount (Israel) Market Value
| DSCT Stock | ILS 2,782 23.00 0.83% |
| Symbol | Israel |
Israel Discount '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 Israel Discount'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 Israel Discount.
| 12/16/2024 |
| 03/16/2025 |
If you would invest 0.00 in Israel Discount on December 16, 2024 and sell it all today you would earn a total of 0.00 from holding Israel Discount Bank or generate 0.0% return on investment in Israel Discount over 90 days. Israel Discount is related to or competes with Bank Leumi, Bank Hapoalim, Mizrahi Tefahot, Bezeq Israeli, and Elbit Systems. Israel Discount Bank Limited, together with its subsidiaries, provides various banking and financial services in Israel,... More
Israel Discount 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 Israel Discount'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 Israel Discount Bank upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.94 | |||
| Information Ratio | 0.1885 | |||
| Maximum Drawdown | 12.05 | |||
| Value At Risk | (2.81) | |||
| Potential Upside | 2.3 |
Israel Discount Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Israel Discount's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Israel Discount's standard deviation. In reality, there are many statistical measures that can use Israel Discount historical prices to predict the future Israel Discount's volatility.| Risk Adjusted Performance | 0.1206 | |||
| Jensen Alpha | 0.2343 | |||
| Total Risk Alpha | 0.4473 | |||
| Sortino Ratio | 0.1727 | |||
| Treynor Ratio | 2.72 |
Israel Discount Bank Backtested Returns
Israel Discount appears to be very steady, given 3 months investment horizon. Israel Discount Bank holds Efficiency (Sharpe) Ratio of 0.13, which attests that the entity had a 0.13 % return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Israel Discount Bank, which you can use to evaluate the volatility of the firm. Please utilize Israel Discount's Market Risk Adjusted Performance of 2.73, risk adjusted performance of 0.1206, and Downside Deviation of 1.94 to validate if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Israel Discount holds a performance score of 10. The company retains a Market Volatility (i.e., Beta) of 0.0829, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Israel Discount's returns are expected to increase less than the market. However, during the bear market, the loss of holding Israel Discount is expected to be smaller as well. Please check Israel Discount's sortino ratio, maximum drawdown, and the relationship between the total risk alpha and treynor ratio , to make a quick decision on whether Israel Discount's current trending patterns will revert.
Auto-correlation | 0.82 |
Very good predictability
Israel Discount Bank has very good predictability. Overlapping area represents the amount of predictability between Israel Discount time series from 16th of December 2024 to 30th of January 2025 and 30th of January 2025 to 16th of March 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Israel Discount Bank price movement. The serial correlation of 0.82 indicates that around 82.0% of current Israel Discount price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.82 | |
| Spearman Rank Test | 0.71 | |
| Residual Average | 0.0 | |
| Price Variance | 8500.17 |
Israel Discount Bank lagged returns against current returns
Autocorrelation, which is Israel Discount 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 Israel Discount's stock expected returns. We can calculate the autocorrelation of Israel Discount returns to help us make a trade decision. For example, suppose you find that Israel Discount 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 |
Israel Discount 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 Israel Discount stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Israel Discount stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Israel Discount stock over time.
Current vs Lagged Prices |
| Timeline |
Israel Discount Lagged Returns
When evaluating Israel Discount's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Israel Discount stock have on its future price. Israel Discount 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, Israel Discount autocorrelation shows the relationship between Israel Discount stock current value and its past values and can show if there is a momentum factor associated with investing in Israel Discount Bank.
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 Israel Stock
Israel Discount financial ratios help investors to determine whether Israel 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 Israel with respect to the benefits of owning Israel Discount security.