IDI Insurance (Israel) Market Value
| IDIN Stock | ILS 17,500 50.00 0.29% |
| Symbol | IDI |
IDI Insurance '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 IDI Insurance'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 IDI Insurance.
| 12/16/2024 |
| 03/16/2025 |
If you would invest 0.00 in IDI Insurance on December 16, 2024 and sell it all today you would earn a total of 0.00 from holding IDI Insurance or generate 0.0% return on investment in IDI Insurance over 90 days. IDI Insurance is related to or competes with Harel Insurance, Migdal Insurance, Menora Miv, Phoenix Holdings, and Clal Insurance. Insurance Company Ltd. provides insurance products and services to individuals and corporate customers in Israel More
IDI Insurance 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 IDI Insurance'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 IDI Insurance upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.53 | |||
| Information Ratio | 0.2976 | |||
| Maximum Drawdown | 9.46 | |||
| Value At Risk | (2.42) | |||
| Potential Upside | 3.66 |
IDI Insurance Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for IDI Insurance's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as IDI Insurance's standard deviation. In reality, there are many statistical measures that can use IDI Insurance historical prices to predict the future IDI Insurance's volatility.| Risk Adjusted Performance | 0.2156 | |||
| Jensen Alpha | 0.3781 | |||
| Total Risk Alpha | 0.6415 | |||
| Sortino Ratio | 0.3448 | |||
| Treynor Ratio | (1.11) |
IDI Insurance Backtested Returns
IDI Insurance appears to be very steady, given 3 months investment horizon. IDI Insurance holds Efficiency (Sharpe) Ratio of 0.3, which attests that the entity had a 0.3 % return per unit of risk over the last 3 months. By inspecting IDI Insurance's technical indicators, you can evaluate if the expected return of 0.53% is justified by implied risk. Please utilize IDI Insurance's Risk Adjusted Performance of 0.2156, semi deviation of 1.13, and Market Risk Adjusted Performance of (1.10) to validate if our risk estimates are consistent with your expectations. On a scale of 0 to 100, IDI Insurance holds a performance score of 23. The company retains a Market Volatility (i.e., Beta) of -0.38, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning IDI Insurance are expected to decrease at a much lower rate. During the bear market, IDI Insurance is likely to outperform the market. Please check IDI Insurance's coefficient of variation, jensen alpha, sortino ratio, as well as the relationship between the standard deviation and total risk alpha , to make a quick decision on whether IDI Insurance's current trending patterns will revert.
Auto-correlation | 0.74 |
Good predictability
IDI Insurance has good predictability. Overlapping area represents the amount of predictability between IDI Insurance 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 IDI Insurance price movement. The serial correlation of 0.74 indicates that around 74.0% of current IDI Insurance price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.74 | |
| Spearman Rank Test | 0.77 | |
| Residual Average | 0.0 | |
| Price Variance | 533.6 K |
IDI Insurance lagged returns against current returns
Autocorrelation, which is IDI Insurance 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 IDI Insurance's stock expected returns. We can calculate the autocorrelation of IDI Insurance returns to help us make a trade decision. For example, suppose you find that IDI Insurance 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 |
IDI Insurance 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 IDI Insurance stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if IDI Insurance stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in IDI Insurance stock over time.
Current vs Lagged Prices |
| Timeline |
IDI Insurance Lagged Returns
When evaluating IDI Insurance's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of IDI Insurance stock have on its future price. IDI Insurance 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, IDI Insurance autocorrelation shows the relationship between IDI Insurance stock current value and its past values and can show if there is a momentum factor associated with investing in IDI Insurance.
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 IDI Stock
IDI Insurance financial ratios help investors to determine whether IDI 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 IDI with respect to the benefits of owning IDI Insurance security.