Israel Index (Israel) Backtesting

NQIL -- Israel Index  

 1,015  4.81  0.47%

With this equity back-testing module your can estimate the performance of a buy and hold strategy of Israel Index and determine expected loss or profit from investing in Israel Index over given investment horizon. See also Israel Index Hype Analysis, Israel Index Correlation, Portfolio Optimization, Israel Index Volatility as well as analyze Israel Index Alpha and Beta and Israel Index Performance.
Horizon     30 Days    Login   to change

Israel Index 'What if' Analysis

June 24, 2019
No Change 0.00  0.0%
In 2 months and 31 days
September 22, 2019
If you would invest  0.00  in Israel Index on June 24, 2019 and sell it all today you would earn a total of 0.00 from holding Israel Index or generate 0.0% return on investment in Israel Index over 90 days.

Israel Index Upside/Downside Indicators

Information Ratio0.1377
Maximum Drawdown4.0
Value At Risk(2.52)
Potential Upside3.38

Israel Index Market Premium Indicators

Risk Adjusted Performance0.1466
Total Risk Alpha0.1685

Israel Index Backtested Returns

Israel Index holds Efficiency (Sharpe) Ratio of 0.1408 which attests that the entity had 0.1408% of return per unit of risk over the last 3 months. Our philosophy towards determining volatility of an index is to use all available market data together with index specific technical indicators that cannot be diversified away. We have found twenty-six technical indicators for Israel Index which you can use to evaluate future volatility of the entity. The index retains Market Volatility (i.e. Beta) of 0.0 which attests that the returns on MARKET and Israel Index are completely uncorrelated. Although it is extremely important to respect Israel Index current price history, it is better to be realistic regarding the information on equity current price movements. The philosophy towards determining future performance of any index is to evaluate the business as a whole together with its past performance including all available fundamental and technical indicators. By evaluating Israel Index technical indicators you can presently evaluate if the expected return of 0.1992% will be sustainable into the future.
Advice Volatility Trend Exposure Correlations
15 days auto-correlation 0.00 
correlation synergy

No correlation between past and present

Israel Index has no correlation between past and present. Overlapping area represents the amount of predictability between Israel Index time series from June 24, 2019 to August 8, 2019 and August 8, 2019 to September 22, 2019. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Israel Index price movement. The serial correlation of 0.0 indicates that just 0.0% of current Israel Index price fluctuation can be explain by its past prices.
Correlation Coefficient0.0
Spearman Rank Test0.0
Residual Average0.0
Price Variance0.0

Israel Index lagged returns against current returns

 Current and Lagged Values 

Israel Index regressed lagged prices vs. current prices

 Current vs Lagged Prices 

Israel Index Lagged Returns

 Regressed Prices 

Current Sentiment - NQIL

Israel Index Investor Sentiment

Macroaxis traders are unemotional in their take regarding direction of Israel Index Index. What is your judgment towards investing in Israel companies? Are you bullish or bearish on Israel Index?
50% Bullish
50% Bearish

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See also Israel Index Hype Analysis, Israel Index Correlation, Portfolio Optimization, Israel Index Volatility as well as analyze Israel Index Alpha and Beta and Israel Index Performance. Please also try Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.