Macroaxis considers Gilat Satellite to be not too risky. Gilat Satellite Networks
holds Efficiency (Sharpe) Ratio of -0.0964 which attests that Gilat Satellite Networks
had -0.0964% of return per unit of risk over the last 1 month. Macroaxis philosophy towards determining 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
. Gilat Satellite Networks exposes twenty-one different technical indicators
which can help you to evaluate volatility that cannot be diversified away. Please be advised to check out Gilat Satellite Market Risk Adjusted Performance
of 3.62 and Risk Adjusted Performance of 0.1 to validate risk estimate we provide. Macroaxis gives Gilat Satellite performance score of 0 on a scale of 0 to 100. The company retains Market Volatility (i.e. Beta) of 0.0407 which attests that as returns on market increase, Gilat Satellite returns are expected to increase less than the market. However during bear market, the loss on holding Gilat Satellite will be expected to be smaller as well.. Even though it is essential to pay attention to Gilat Satellite Networks current price history, it is always good to be careful when utilizing equity current price movements. Macroaxis philosophy towards determining 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. Gilat Satellite Networks exposes twenty-one different technical indicators which can help you to evaluate its performance. Gilat Satellite Networks has expected return of -0.1442%. Please be advised to check out Gilat Satellite Variance, Jensen Alpha and the relationship between Standard Deviation and Information Ratio to decide if Gilat Satellite Networks past performance will be repeated at some point in the near future.
|15 days auto-correlation|| 0.14 |
Gilat Satellite Networks Ltd has insignificant predictability. Overlapping area represents the amount of predictability between Gilat Satellite time series from September 20, 2018 to October 5, 2018 and October 5, 2018 to October 20, 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 Gilat Satellite Networks price movement. The serial correlation of 0.14 indicates that less than 14.0% of current Gilat Satellite price fluctuation can be explain by its past prices.
|Spearman Rank Test||-0.31|