Dolomite Holdings (Israel) Backtesting

DLMT-M -- Israel Stock  

null 43.50  0.60  1.36%

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

Dolomite Holdings 'What if' Analysis

October 19, 2018
No Change 0.00  0.0%
In 2 months and 2 days
December 18, 2018
If you would invest  0.00  in Dolomite Holdings on October 19, 2018 and sell it all today you would earn a total of 0.00 from holding Dolomite Holdings Ltd or generate 0.0% return on investment in Dolomite Holdings over 60 days. Dolomite Holdings is related to or competes with Bezeq Israel, Oil Refineries, Bank Leumi, Israel Chemicals, NICE Ltd, Azrieli Group, and Elbit Systems. Dolomite Holdings Ltd engages in real estate development business in Ethiopia, Israel, and New York, the United States

Dolomite Holdings Upside/Downside Indicators

Downside Deviation6.88
Information Ratio0.1015
Maximum Drawdown28.34
Value At Risk(8.62)
Potential Upside8.29

Dolomite Holdings Market Premium Indicators

Risk Adjusted Performance0.0998
Jensen Alpha0.3146
Total Risk Alpha0.9363
Sortino Ratio0.072
Treynor Ratio(3.17)

Dolomite Holdings Backtested Returns

Macroaxis considers Dolomite Holdings not very volatile given 2 months investment horizon. Dolomite Holdings secures Sharpe Ratio (or Efficiency) of 0.066 which denotes Dolomite Holdings had 0.066% of return per unit of risk over the last 2 months. Our philosophy towards predicting 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 Dolomite Holdings Ltd which you can use to evaluate future volatility of the firm. Please utilize Dolomite Holdings Coefficient Of Variation of 1428.4, Mean Deviation of 2.9 and Downside Deviation of 6.88 to check if our risk estimates are consistent with your expectations. On a scale of 0 to 100 Dolomite Holdings holds performance score of 4. The firm shows Beta (market volatility) of -0.1046 which denotes to the fact that as returns on market increase, returns on owning Dolomite Holdings are expected to decrease at a much smaller rate. During bear market, Dolomite Holdings is likely to outperform the market.. Although it is vital to follow to Dolomite Holdings historical returns, it is good to be conservative about what you can actually do with the information regarding equity current trending patterns. The philosophy towards predicting 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 reviewing Dolomite Holdings technical indicators you can presently evaluate if the expected return of 0.3375% will be sustainable into the future. Please utilizes Dolomite Holdings Variance, Jensen Alpha and the relationship between Standard Deviation and Information Ratio to make a quick decision on weather Dolomite Holdings price patterns will revert.
Advice Volatility Trend Exposure Correlations
15 days auto-correlation 0.29 
correlation synergy

Poor predictability

Dolomite Holdings Ltd has poor predictability. Overlapping area represents the amount of predictability between Dolomite Holdings time series from October 19, 2018 to November 18, 2018 and November 18, 2018 to December 18, 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 Dolomite Holdings price movement. The serial correlation of 0.29 indicates that nearly 29.0% of current Dolomite Holdings price fluctuation can be explain by its past prices.
Correlation Coefficient0.29
Spearman Rank Test0.26
Residual Average0.0
Price Variance12.05

Dolomite Holdings lagged returns against current returns

 Current and Lagged Values 

Dolomite Holdings regressed lagged prices vs. current prices

 Current vs Lagged Prices 

Dolomite Holdings Lagged Returns

 Regressed Prices 

Current Sentiment - DLMT-M

Dolomite Holdings Investor Sentiment

Macroaxis portfolio users are insensible in their opinion about investing in Dolomite Holdings Ltd. What is your opinion about investing in Dolomite Holdings Ltd? Are you bullish or bearish?
50% Bullish
50% Bearish

Dolomite Holdings Pair Correlation

Equities Pair Trading Analysis

Correlation analysis and pair trading evaluation for Dolomite Holdings and Bezeq The Israel. Pair trading can be used as a hedging technique within a particular sector or industry or even over random equities to generate better risk-adjusted return
Run Pair Correlation  
Additionally see Dolomite Holdings Hype Analysis, Dolomite Holdings Correlation, Dolomite Holdings Valuation, Dolomite Holdings Volatility as well as analyze Dolomite Holdings Alpha and Beta and Dolomite Holdings Performance. Please also try Equity Valuation module to check real value of public entities based on technical and fundamental data.