Intercure (Israel) Market Value
| INCR Stock | ILS 554.00 27.20 4.68% |
| Symbol | Intercure |
Intercure '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 Intercure'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 Intercure.
| 02/19/2025 |
| 03/21/2025 |
If you would invest 0.00 in Intercure on February 19, 2025 and sell it all today you would earn a total of 0.00 from holding Intercure or generate 0.0% return on investment in Intercure over 30 days. Intercure is related to or competes with Together Startup, Delek, Teva Pharmaceutical, and El Al. InterCure Ltd. invests in the biomedical, life sciences, and biotechnology sectors in Israel and internationally More
Intercure 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 Intercure'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 Intercure upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.75 | |||
| Information Ratio | 0.0892 | |||
| Maximum Drawdown | 29.64 | |||
| Value At Risk | (4.65) | |||
| Potential Upside | 5.79 |
Intercure Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Intercure's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Intercure's standard deviation. In reality, there are many statistical measures that can use Intercure historical prices to predict the future Intercure's volatility.| Risk Adjusted Performance | 0.0728 | |||
| Jensen Alpha | 0.3482 | |||
| Total Risk Alpha | 0.6349 | |||
| Sortino Ratio | 0.1324 | |||
| Treynor Ratio | 0.3707 |
Intercure Backtested Returns
Intercure holds Efficiency (Sharpe) Ratio of -0.0695, which attests that the entity had a -0.0695 % return per unit of risk over the last 3 months. Intercure exposes twenty-nine different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Intercure's Risk Adjusted Performance of 0.0728, downside deviation of 2.75, and Market Risk Adjusted Performance of 0.3807 to validate the risk estimate we provide. The company retains a Market Volatility (i.e., Beta) of 0.78, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, Intercure's returns are expected to increase less than the market. However, during the bear market, the loss of holding Intercure is expected to be smaller as well. At this point, Intercure has a negative expected return of -0.21%. Please make sure to check out Intercure's maximum drawdown, potential upside, and the relationship between the treynor ratio and value at risk , to decide if Intercure performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.39 |
Poor reverse predictability
Intercure has poor reverse predictability. Overlapping area represents the amount of predictability between Intercure time series from 19th of February 2025 to 6th of March 2025 and 6th of March 2025 to 21st 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 Intercure price movement. The serial correlation of -0.39 indicates that just about 39.0% of current Intercure price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.39 | |
| Spearman Rank Test | -0.23 | |
| Residual Average | 0.0 | |
| Price Variance | 126.07 |
Intercure lagged returns against current returns
Autocorrelation, which is Intercure 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 Intercure's stock expected returns. We can calculate the autocorrelation of Intercure returns to help us make a trade decision. For example, suppose you find that Intercure 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 |
Intercure 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 Intercure stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Intercure stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Intercure stock over time.
Current vs Lagged Prices |
| Timeline |
Intercure Lagged Returns
When evaluating Intercure's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Intercure stock have on its future price. Intercure 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, Intercure autocorrelation shows the relationship between Intercure stock current value and its past values and can show if there is a momentum factor associated with investing in Intercure.
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 Intercure Stock
Intercure financial ratios help investors to determine whether Intercure 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 Intercure with respect to the benefits of owning Intercure security.