We consider Mordechai Aviv not too risky. Mordechai Aviv Taasiot
has Sharpe Ratio of 0.0115 which conveys that Mordechai Aviv Taasiot
had 0.0115% of return per unit of risk over the last 1 month. Our philosophy towards estimating volatility of a stock is to use all available market data together with stock specific technical indicators
that cannot be diversified away. We have found twenty-one technical indicators
for Mordechai Aviv which you can use to evaluate future volatility of the firm. Please verify Mordechai Aviv Taasiot Beniyah Ltd Mean Deviation
of 0.9657 and Risk Adjusted Performance
of 0.07 to check out if risk estimate we provide are consistent with the epected return of 0.0212%. Mordechai Aviv has performance score of 0 on a scale of 0 to 100. The company secures Beta (Market Risk) of -0.1642 which conveys that as returns on market increase, returns on owning Mordechai Aviv are expected to decrease at a much smaller rate. During bear market, Mordechai Aviv is likely to outperform the market.. Although it is extremely important to respect Mordechai Aviv Taasiot price patterns, it is better to be realistic regarding the information on equity historical price patterns. The philosophy towards estimating future performance of any stock is to evaluate the business as a whole together with its past performance including all available fundamental and technical indicators. By analyzing Mordechai Aviv Taasiot technical indicators you can presently evaluate if the expected return of 0.0212% will be sustainable into the future. Mordechai Aviv Taasiot right now secures a risk of 1.8504%. Please verify Mordechai Aviv Taasiot Beniyah Ltd Jensen Alpha, Maximum Drawdown and the relationship between Information Ratio and Treynor Ratio to decide if Mordechai Aviv Taasiot Beniyah Ltd will be following its current price movements.
|15 days auto-correlation||(0.94) |
Near perfect reversele predictability
Mordechai Aviv Taasiot Beniyah Ltd has near perfect reversele predictability. Overlapping area represents the amount of predictability between Mordechai Aviv time series from September 17, 2018 to October 2, 2018 and October 2, 2018 to October 17, 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 Mordechai Aviv Taasiot price movement. The serial correlation of -0.94 indicates that approximately 94.0% of current Mordechai Aviv price fluctuation can be explain by its past prices. Given that Mordechai Aviv Taasiot Beniyah Ltd has negative autocorrelation for selected time horizon, investors may consider taking a contrarian position regarding future price movement of Mordechai Aviv for similar time interval.
|Spearman Rank Test||-0.88|