Dolomite Holdings (Israel) Backtesting

DLMT-M -- Israel Stock  

null 39.20  0.80  2.00%

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

September 23, 2018
No Change 0.00  0.0%
In 31 days
October 23, 2018
If you would invest  0.00  in Dolomite Holdings on September 23, 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 30 days. Dolomite Holdings is related to or competes with Israel Chemicals, NICE Ltd, 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

Information Ratio0.4887
Maximum Drawdown10.59
Potential Upside2.1

Dolomite Holdings Market Premium Indicators

Risk Adjusted Performance0.4541
Jensen Alpha0.8774
Total Risk Alpha1.22
Treynor Ratio66.3

Dolomite Holdings Backtested Returns

Macroaxis considers Dolomite Holdings not too volatile given 1 month investment horizon. Dolomite Holdings secures Sharpe Ratio (or Efficiency) of 0.4128 which denotes Dolomite Holdings had 0.4128% of return per unit of risk over the last 1 month. 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. By reviewing Dolomite Holdings technical indicators you can presently evaluate if the expected return of 0.8851% is justified by implied risk. Please utilize Dolomite Holdings Coefficient Of Variation of 242.24 and Mean Deviation of 1.18 to check if our risk estimates are consistent with your expectations. On a scale of 0 to 100 Dolomite Holdings holds performance score of 27. The firm shows Beta (market volatility) of 0.0132 which denotes to the fact that as returns on market increase, Dolomite Holdings returns are expected to increase less than the market. However during bear market, the loss on holding Dolomite Holdings will be expected to be smaller as well.. 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. We have found twenty-one technical indicators for Dolomite Holdings Ltd which you can use to evaluate performance of the firm. 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 0.84 

Very good predictability

Dolomite Holdings Ltd has very good predictability. Overlapping area represents the amount of predictability between Dolomite Holdings time series from September 23, 2018 to October 8, 2018 and October 8, 2018 to October 23, 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 0.84 indicates that around 84.0% of current Dolomite Holdings price fluctuation can be explain by its past prices.
Correlation Coefficient0.84
Spearman Rank Test0.93
Residual Average0.0
Price Variance0.22

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 

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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
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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 Technical Analysis module to check basic technical indicators and analysis based on most latest market data.