Levinstein Eng (Israel) Market Value
| LEVI Stock | ILS 38,910 480.00 1.22% |
| Symbol | Levinstein |
Levinstein Eng '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 Levinstein Eng'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 Levinstein Eng.
| 12/18/2024 |
| 03/18/2025 |
If you would invest 0.00 in Levinstein Eng on December 18, 2024 and sell it all today you would earn a total of 0.00 from holding Levinstein Eng or generate 0.0% return on investment in Levinstein Eng over 90 days. Levinstein Eng is related to or competes with Sella Real, Isras Investment, Menivim New, and IDI Insurance. Meshulam Levinstein Contracting Engineering Ltd engages in the engineering, construction, and real estate businesses in ... More
Levinstein Eng 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 Levinstein Eng'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 Levinstein Eng upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.13 | |||
| Information Ratio | 0.114 | |||
| Maximum Drawdown | 15.67 | |||
| Value At Risk | (3.09) | |||
| Potential Upside | 4.86 |
Levinstein Eng Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Levinstein Eng's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Levinstein Eng's standard deviation. In reality, there are many statistical measures that can use Levinstein Eng historical prices to predict the future Levinstein Eng's volatility.| Risk Adjusted Performance | 0.0694 | |||
| Jensen Alpha | 0.1368 | |||
| Total Risk Alpha | 0.461 | |||
| Sortino Ratio | 0.1272 | |||
| Treynor Ratio | (0.69) |
Levinstein Eng Backtested Returns
Levinstein Eng has Sharpe Ratio of close to zero, which conveys that the firm had a close to zero % return per unit of risk over the last 3 months. Levinstein Eng exposes twenty-nine different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Levinstein Eng's Mean Deviation of 1.62, downside deviation of 2.13, and Risk Adjusted Performance of 0.0694 to check out the risk estimate we provide. The company secures a Beta (Market Risk) of -0.24, which conveys not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Levinstein Eng are expected to decrease at a much lower rate. During the bear market, Levinstein Eng is likely to outperform the market. At this point, Levinstein Eng has a negative expected return of -0.012%. Please make sure to verify Levinstein Eng's treynor ratio, value at risk, downside variance, as well as the relationship between the maximum drawdown and potential upside , to decide if Levinstein Eng performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.32 |
Below average predictability
Levinstein Eng has below average predictability. Overlapping area represents the amount of predictability between Levinstein Eng time series from 18th of December 2024 to 1st of February 2025 and 1st of February 2025 to 18th 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 Levinstein Eng price movement. The serial correlation of 0.32 indicates that nearly 32.0% of current Levinstein Eng price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.32 | |
| Spearman Rank Test | -0.46 | |
| Residual Average | 0.0 | |
| Price Variance | 1.1 M |
Levinstein Eng lagged returns against current returns
Autocorrelation, which is Levinstein Eng 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 Levinstein Eng's stock expected returns. We can calculate the autocorrelation of Levinstein Eng returns to help us make a trade decision. For example, suppose you find that Levinstein Eng 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 |
Levinstein Eng 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 Levinstein Eng stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Levinstein Eng stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Levinstein Eng stock over time.
Current vs Lagged Prices |
| Timeline |
Levinstein Eng Lagged Returns
When evaluating Levinstein Eng's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Levinstein Eng stock have on its future price. Levinstein Eng 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, Levinstein Eng autocorrelation shows the relationship between Levinstein Eng stock current value and its past values and can show if there is a momentum factor associated with investing in Levinstein Eng.
Regressed Prices |
| Timeline |
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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 Levinstein Stock
Levinstein Eng financial ratios help investors to determine whether Levinstein 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 Levinstein with respect to the benefits of owning Levinstein Eng security.