Libra Insurance (Israel) Market Value

LBRA Stock   1,073  10.00  0.94%   
Libra Insurance's market value is the price at which a share of Libra Insurance trades on a public exchange. It measures the collective expectations of Libra Insurance investors about its performance. Libra Insurance is trading at 1073.00 as of the 1st of March 2025, a 0.94 percent increase since the beginning of the trading day. The stock's open price was 1063.0.
With this module, you can estimate the performance of a buy and hold strategy of Libra Insurance and determine expected loss or profit from investing in Libra Insurance over a given investment horizon. Check out Libra Insurance Correlation, Libra Insurance Volatility and Libra Insurance Alpha and Beta module to complement your research on Libra Insurance.
Symbol

Please note, there is a significant difference between Libra Insurance's value and its price as these two are different measures arrived at by different means. Investors typically determine if Libra Insurance is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Libra Insurance's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Libra 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 Libra 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 Libra Insurance.
0.00
01/30/2025
No Change 0.00  0.0 
In 31 days
03/01/2025
0.00
If you would invest  0.00  in Libra Insurance on January 30, 2025 and sell it all today you would earn a total of 0.00 from holding Libra Insurance or generate 0.0% return on investment in Libra Insurance over 30 days. Libra Insurance is related to or competes with Computer Direct, YH Dimri, Sofwave Medical, Epitomee Medical, Abra Information, Bank Leumi, and Global Knafaim. More

Libra 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 Libra 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 Libra Insurance upside and downside potential and time the market with a certain degree of confidence.

Libra Insurance Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Libra Insurance's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Libra Insurance's standard deviation. In reality, there are many statistical measures that can use Libra Insurance historical prices to predict the future Libra Insurance's volatility.
Hype
Prediction
LowEstimatedHigh
1,0701,0731,076
Details
Intrinsic
Valuation
LowRealHigh
965.701,1551,158
Details
Naive
Forecast
LowNextHigh
944.51947.22949.92
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
1,0401,0651,089
Details

Libra Insurance Backtested Returns

Libra Insurance appears to be very steady, given 3 months investment horizon. Libra Insurance has Sharpe Ratio of 0.11, which conveys that the firm had a 0.11 % return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Libra Insurance, which you can use to evaluate the volatility of the firm. Please exercise Libra Insurance's Downside Deviation of 2.28, mean deviation of 2.03, and Risk Adjusted Performance of 0.154 to check out if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Libra Insurance holds a performance score of 8. The company secures a Beta (Market Risk) of 0.16, which conveys not very significant fluctuations relative to the market. As returns on the market increase, Libra Insurance's returns are expected to increase less than the market. However, during the bear market, the loss of holding Libra Insurance is expected to be smaller as well. Please check Libra Insurance's mean deviation, downside deviation, standard deviation, as well as the relationship between the semi deviation and coefficient of variation , to make a quick decision on whether Libra Insurance's current price movements will revert.

Auto-correlation

    
  -0.88  

Excellent reverse predictability

Libra Insurance has excellent reverse predictability. Overlapping area represents the amount of predictability between Libra Insurance time series from 30th of January 2025 to 14th of February 2025 and 14th of February 2025 to 1st 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 Libra Insurance price movement. The serial correlation of -0.88 indicates that approximately 88.0% of current Libra Insurance price fluctuation can be explain by its past prices.
Correlation Coefficient-0.88
Spearman Rank Test-0.35
Residual Average0.0
Price Variance3407.14

Libra Insurance lagged returns against current returns

Autocorrelation, which is Libra 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 Libra Insurance's stock expected returns. We can calculate the autocorrelation of Libra Insurance returns to help us make a trade decision. For example, suppose you find that Libra 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  

Libra 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 Libra Insurance stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Libra Insurance stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Libra Insurance stock over time.
   Current vs Lagged Prices   
       Timeline  

Libra Insurance Lagged Returns

When evaluating Libra Insurance's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Libra Insurance stock have on its future price. Libra 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, Libra Insurance autocorrelation shows the relationship between Libra Insurance stock current value and its past values and can show if there is a momentum factor associated with investing in Libra 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 Libra Stock

Libra Insurance financial ratios help investors to determine whether Libra 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 Libra with respect to the benefits of owning Libra Insurance security.