Phoenix Holdings (Israel) Market Value
| PHOE Stock | ILS 7,309 225.29 3.18% |
| Symbol | Phoenix |
Phoenix Holdings '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 Phoenix Holdings' 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 Phoenix Holdings.
| 12/21/2024 |
| 03/21/2025 |
If you would invest 0.00 in Phoenix Holdings on December 21, 2024 and sell it all today you would earn a total of 0.00 from holding The Phoenix Holdings or generate 0.0% return on investment in Phoenix Holdings over 90 days. Phoenix Holdings is related to or competes with Harel Insurance, Migdal Insurance, Menora Miv, Israel Discount, and Bank Leumi. The Phoenix Holdings Ltd provides various insurance products in Israel More
Phoenix Holdings 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 Phoenix Holdings' 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 The Phoenix Holdings upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.4 | |||
| Information Ratio | 0.3887 | |||
| Maximum Drawdown | 10.1 | |||
| Value At Risk | (2.02) | |||
| Potential Upside | 4.72 |
Phoenix Holdings Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Phoenix Holdings' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Phoenix Holdings' standard deviation. In reality, there are many statistical measures that can use Phoenix Holdings historical prices to predict the future Phoenix Holdings' volatility.| Risk Adjusted Performance | 0.3197 | |||
| Jensen Alpha | 0.6937 | |||
| Total Risk Alpha | 0.8216 | |||
| Sortino Ratio | 0.525 | |||
| Treynor Ratio | 1.54 |
Phoenix Holdings Backtested Returns
Phoenix Holdings appears to be very steady, given 3 months investment horizon. Phoenix Holdings maintains Sharpe Ratio (i.e., Efficiency) of 0.38, which implies the firm had a 0.38 % return per unit of risk over the last 3 months. By analyzing Phoenix Holdings' technical indicators, you can evaluate if the expected return of 0.71% is justified by implied risk. Please evaluate Phoenix Holdings' Coefficient Of Variation of 282.13, market risk adjusted performance of 1.55, and Semi Deviation of 0.9551 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Phoenix Holdings holds a performance score of 29. The company holds a Beta of 0.43, which implies possible diversification benefits within a given portfolio. As returns on the market increase, Phoenix Holdings' returns are expected to increase less than the market. However, during the bear market, the loss of holding Phoenix Holdings is expected to be smaller as well. Please check Phoenix Holdings' standard deviation, total risk alpha, and the relationship between the coefficient of variation and jensen alpha , to make a quick decision on whether Phoenix Holdings' historical price patterns will revert.
Auto-correlation | 0.56 |
Modest predictability
The Phoenix Holdings has modest predictability. Overlapping area represents the amount of predictability between Phoenix Holdings time series from 21st of December 2024 to 4th of February 2025 and 4th of February 2025 to 21st 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 Phoenix Holdings price movement. The serial correlation of 0.56 indicates that roughly 56.0% of current Phoenix Holdings price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.56 | |
| Spearman Rank Test | 0.56 | |
| Residual Average | 0.0 | |
| Price Variance | 73.3 K |
Phoenix Holdings lagged returns against current returns
Autocorrelation, which is Phoenix Holdings 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 Phoenix Holdings' stock expected returns. We can calculate the autocorrelation of Phoenix Holdings returns to help us make a trade decision. For example, suppose you find that Phoenix Holdings 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 |
Phoenix Holdings 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 Phoenix Holdings stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Phoenix Holdings stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Phoenix Holdings stock over time.
Current vs Lagged Prices |
| Timeline |
Phoenix Holdings Lagged Returns
When evaluating Phoenix Holdings' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Phoenix Holdings stock have on its future price. Phoenix Holdings 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, Phoenix Holdings autocorrelation shows the relationship between Phoenix Holdings stock current value and its past values and can show if there is a momentum factor associated with investing in The Phoenix Holdings.
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 Phoenix Stock
Phoenix Holdings financial ratios help investors to determine whether Phoenix 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 Phoenix with respect to the benefits of owning Phoenix Holdings security.