Levinski Ofer (Israel) Market Value
| LEOF Stock | ILA 500.00 37.00 6.89% |
| Symbol | Levinski |
Levinski Ofer '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 Levinski Ofer'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 Levinski Ofer.
| 12/15/2024 |
| 03/15/2025 |
If you would invest 0.00 in Levinski Ofer on December 15, 2024 and sell it all today you would earn a total of 0.00 from holding Levinski Ofer or generate 0.0% return on investment in Levinski Ofer over 90 days. Levinski Ofer is related to or competes with Israel Canada, Shikun Binui, Shemen Industries, Enlight Renewable, and Neto Malinda. Lewinsky-Ofer Ltd. operates as a public construction and entrepreneurship company in Israel More
Levinski Ofer 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 Levinski Ofer'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 Levinski Ofer upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.63 | |||
| Information Ratio | 0.1794 | |||
| Maximum Drawdown | 43.63 | |||
| Value At Risk | (4.51) | |||
| Potential Upside | 9.19 |
Levinski Ofer Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Levinski Ofer's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Levinski Ofer's standard deviation. In reality, there are many statistical measures that can use Levinski Ofer historical prices to predict the future Levinski Ofer's volatility.| Risk Adjusted Performance | 0.1512 | |||
| Jensen Alpha | 0.9436 | |||
| Total Risk Alpha | 1.82 | |||
| Sortino Ratio | 0.3133 | |||
| Treynor Ratio | (1.34) |
Levinski Ofer Backtested Returns
Levinski Ofer is very steady given 3 months investment horizon. Levinski Ofer has Sharpe Ratio of 0.2, which conveys that the firm had a 0.2 % return per unit of risk over the last 3 months. We were able to analyze twenty-nine different technical indicators, which can help you to evaluate if expected returns of 1.37% are justified by taking the suggested risk. Use Levinski Ofer Mean Deviation of 3.47, risk adjusted performance of 0.1512, and Downside Deviation of 3.63 to evaluate company specific risk that cannot be diversified away. Levinski Ofer holds a performance score of 15 on a scale of zero to a hundred. The company secures a Beta (Market Risk) of -0.77, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Levinski Ofer are expected to decrease at a much lower rate. During the bear market, Levinski Ofer is likely to outperform the market. Use Levinski Ofer treynor ratio, value at risk, downside variance, as well as the relationship between the maximum drawdown and potential upside , to analyze future returns on Levinski Ofer.
Auto-correlation | 0.63 |
Good predictability
Levinski Ofer has good predictability. Overlapping area represents the amount of predictability between Levinski Ofer time series from 15th of December 2024 to 29th of January 2025 and 29th of January 2025 to 15th 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 Levinski Ofer price movement. The serial correlation of 0.63 indicates that roughly 63.0% of current Levinski Ofer price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.63 | |
| Spearman Rank Test | 0.54 | |
| Residual Average | 0.0 | |
| Price Variance | 8007.78 |
Levinski Ofer lagged returns against current returns
Autocorrelation, which is Levinski Ofer 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 Levinski Ofer's stock expected returns. We can calculate the autocorrelation of Levinski Ofer returns to help us make a trade decision. For example, suppose you find that Levinski Ofer 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 |
Levinski Ofer 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 Levinski Ofer stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Levinski Ofer stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Levinski Ofer stock over time.
Current vs Lagged Prices |
| Timeline |
Levinski Ofer Lagged Returns
When evaluating Levinski Ofer's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Levinski Ofer stock have on its future price. Levinski Ofer 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, Levinski Ofer autocorrelation shows the relationship between Levinski Ofer stock current value and its past values and can show if there is a momentum factor associated with investing in Levinski Ofer.
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 Levinski Stock
Levinski Ofer financial ratios help investors to determine whether Levinski 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 Levinski with respect to the benefits of owning Levinski Ofer security.