Migdal Insurance (Israel) Market Value
| MGDL Stock | ILS 793.40 29.70 3.61% |
| Symbol | Migdal |
Migdal 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 Migdal 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 Migdal Insurance.
| 12/19/2024 |
| 03/19/2025 |
If you would invest 0.00 in Migdal Insurance on December 19, 2024 and sell it all today you would earn a total of 0.00 from holding Migdal Insurance or generate 0.0% return on investment in Migdal Insurance over 90 days. Migdal Insurance is related to or competes with Harel Insurance, Clal Insurance, Bank Hapoalim, Bank Leumi, and Menora Miv. Migdal Insurance and Financial Holdings Ltd More
Migdal 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 Migdal 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 Migdal Insurance upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.5 | |||
| Information Ratio | 0.2936 | |||
| Maximum Drawdown | 6.74 | |||
| Value At Risk | (2.72) | |||
| Potential Upside | 2.89 |
Migdal Insurance Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Migdal Insurance's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Migdal Insurance's standard deviation. In reality, there are many statistical measures that can use Migdal Insurance historical prices to predict the future Migdal Insurance's volatility.| Risk Adjusted Performance | 0.2137 | |||
| Jensen Alpha | 0.4093 | |||
| Total Risk Alpha | 0.5315 | |||
| Sortino Ratio | 0.3041 | |||
| Treynor Ratio | 0.7096 |
Migdal Insurance Backtested Returns
Migdal Insurance appears to be very steady, given 3 months investment horizon. Migdal Insurance has Sharpe Ratio of 0.24, which conveys that the firm had a 0.24 % return per unit of risk over the last 3 months. We have found thirty technical indicators for Migdal Insurance, which you can use to evaluate the volatility of the firm. Please exercise Migdal Insurance's Downside Deviation of 1.5, risk adjusted performance of 0.2137, and Mean Deviation of 1.2 to check out if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Migdal Insurance holds a performance score of 18. The company secures a Beta (Market Risk) of 0.51, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, Migdal Insurance's returns are expected to increase less than the market. However, during the bear market, the loss of holding Migdal Insurance is expected to be smaller as well. Please check Migdal Insurance's standard deviation, total risk alpha, and the relationship between the coefficient of variation and jensen alpha , to make a quick decision on whether Migdal Insurance's current price movements will revert.
Auto-correlation | -0.06 |
Very weak reverse predictability
Migdal Insurance has very weak reverse predictability. Overlapping area represents the amount of predictability between Migdal Insurance time series from 19th of December 2024 to 2nd of February 2025 and 2nd of February 2025 to 19th 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 Migdal Insurance price movement. The serial correlation of -0.06 indicates that barely 6.0% of current Migdal Insurance price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.06 | |
| Spearman Rank Test | -0.11 | |
| Residual Average | 0.0 | |
| Price Variance | 390.87 |
Migdal Insurance lagged returns against current returns
Autocorrelation, which is Migdal 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 Migdal Insurance's stock expected returns. We can calculate the autocorrelation of Migdal Insurance returns to help us make a trade decision. For example, suppose you find that Migdal 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 |
Migdal 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 Migdal Insurance stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Migdal Insurance stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Migdal Insurance stock over time.
Current vs Lagged Prices |
| Timeline |
Migdal Insurance Lagged Returns
When evaluating Migdal Insurance's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Migdal Insurance stock have on its future price. Migdal 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, Migdal Insurance autocorrelation shows the relationship between Migdal Insurance stock current value and its past values and can show if there is a momentum factor associated with investing in Migdal 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 Migdal Stock
Migdal Insurance financial ratios help investors to determine whether Migdal 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 Migdal with respect to the benefits of owning Migdal Insurance security.