Macroaxis considers Mordechai Aviv to be not too risky. Mordechai Aviv Taasiot
has Sharpe Ratio of -0.0495 which conveys that Mordechai Aviv Taasiot
had -0.0495% of return per unit of risk over the last 2 months. Macroaxis philosophy towards estimating 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
. Mordechai Aviv exposes twenty-one different technical indicators
which can help you to evaluate volatility that cannot be diversified away. Please be advised to verify Mordechai Aviv Taasiot Beniyah Ltd Mean Deviation
of 1.34 and Risk Adjusted Performance
of (0.035859) to check out risk estimate we provide. Macroaxis gives Mordechai Aviv performance score of 0 on a scale of 0 to 100. The company secures Beta (Market Risk) of -0.1389 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.. Even though it is essential to pay attention to Mordechai Aviv Taasiot price patterns, it is always good to be careful when utilizing equity historical price patterns. Macroaxis philosophy towards estimating 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. Mordechai Aviv exposes twenty-one different technical indicators which can help you to evaluate its performance. Mordechai Aviv Taasiot has expected return of -0.1211%. Please be advised to 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 past performance will be repeated at some point in the near future.
|15 days auto-correlation||(0.22) |
Weak reverse predictability
Mordechai Aviv Taasiot Beniyah Ltd has weak reverse predictability. Overlapping area represents the amount of predictability between Mordechai Aviv time series from October 13, 2018 to November 12, 2018 and November 12, 2018 to December 12, 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 -0.22 indicates that over 22.0% 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||-0.6|