Libra Insurance (Israel) Market Value
| LBRA Stock | 1,126 44.00 4.07% |
| Symbol | Libra |
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.
| 12/17/2024 |
| 03/17/2025 |
If you would invest 0.00 in Libra Insurance on December 17, 2024 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 90 days. Libra Insurance is related to or competes with Global Knafaim, Abra Information, Azorim Investment, Discount Investment, Harel Insurance, and Petrochemical. 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.
| Downside Deviation | 2.55 | |||
| Information Ratio | 0.2039 | |||
| Maximum Drawdown | 18.61 | |||
| Value At Risk | (3.59) | |||
| Potential Upside | 7.32 |
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.| Risk Adjusted Performance | 0.1573 | |||
| Jensen Alpha | 0.472 | |||
| Total Risk Alpha | 0.923 | |||
| Sortino Ratio | 0.2509 | |||
| Treynor Ratio | (0.99) |
Libra Insurance Backtested Returns
Libra Insurance appears to be very steady, given 3 months investment horizon. Libra Insurance has Sharpe Ratio of 0.0774, which conveys that the firm had a 0.0774 % 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 Mean Deviation of 2.18, risk adjusted performance of 0.1573, and Downside Deviation of 2.55 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 6. The company secures a Beta (Market Risk) of -0.54, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Libra Insurance are expected to decrease at a much lower rate. During the bear market, Libra Insurance is likely to outperform the market. 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 | 0.38 |
Below average predictability
Libra Insurance has below average predictability. Overlapping area represents the amount of predictability between Libra Insurance time series from 17th of December 2024 to 31st of January 2025 and 31st of January 2025 to 17th 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 0.38 indicates that just about 38.0% of current Libra Insurance price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.38 | |
| Spearman Rank Test | 0.14 | |
| Residual Average | 0.0 | |
| Price Variance | 3335.02 |
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.