Macroaxis considers Amot Investment to be not too risky. Amot Investment
secures Sharpe Ratio (or Efficiency) of -0.07 which signifies that Amot Investment
had -0.07% of return per unit of risk over the last 2 months. Macroaxis philosophy towards foreseeing risk of any stock is to look at both systematic and un-systematic factors of the business, including all available market data and technical indicators
. Amot Investment Ltd exposes twenty-one different technical indicators
which can help you to evaluate volatility that cannot be diversified away. Please be advised to confirm Amot Investment Risk Adjusted Performance
of (0.12) and Mean Deviation of 0.6011 to double-check risk estimate we provide. Macroaxis gives Amot Investment performance score of 0 on a scale of 0 to 100. The firm shows Beta (market volatility) of 0.0447 which signifies that as returns on market increase, Amot Investment returns are expected to increase less than the market. However during bear market, the loss on holding Amot Investment will be expected to be smaller as well.. Even though it is essential to pay attention to Amot Investment historical returns, it is always good to be careful when utilizing equity current trending patterns. Macroaxis philosophy towards foreseeing future performance of any stock is to check both, its past performance charts as well as the business as a whole, including all available technical indicators. Amot Investment Ltd exposes twenty-one different technical indicators which can help you to evaluate its performance. Amot Investment has expected return of -0.0703%. Please be advised to confirm Amot Investment Standard Deviation, Information Ratio, Treynor Ratio, as well as the relationship between Variance and Jensen Alpha to decide if Amot Investment past performance will be repeated at some point in the near future.
|15 days auto-correlation||(0.55) |
Good reverse predictability
Amot Investment Ltd has good reverse predictability. Overlapping area represents the amount of predictability between Amot Investment time series from October 14, 2018 to November 13, 2018 and November 13, 2018 to December 13, 2018. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Amot Investment price movement. The serial correlation of -0.55 indicates that about 55.0% of current Amot Investment price fluctuation can be explain by its past prices. Given that Amot Investment Ltd has negative autocorrelation for selected time horizon, investors may consider taking a contrarian position regarding future price movement of Amot Investment for similar time interval.
|Spearman Rank Test||0.16|