With this equity back-testing module your can estimate the performance of a buy and hold strategy of Nano Dimension Ltd and determine expected loss or profit from investing in Nano Dimension over given investment horizon. Please see also Nano Dimension Hype Analysis, Nano Dimension Correlation, Nano Dimension Valuation, Nano Dimension Volatility as well as analyze Nano Dimension Alpha and Beta and Nano Dimension Performance.
|Horizon||30 Days Login to change|
Nano Dimension 'What if' Analysis
October 19, 20180.00
December 18, 20180.00
If you would invest 0.00 in Nano Dimension on October 19, 2018 and sell it all today you would earn a total of 0.00 from holding Nano Dimension Ltd or generate 0.0% return on investment in Nano Dimension over 60 days. Nano Dimension is related to or competes with El Al. Nano Dimension Ltd., through its subsidiary, Nano Dimension Technologies Ltd., develops three-dimensional printed circui...
Nano Dimension Upside/Downside Indicators
Nano Dimension Market Premium Indicators
Nano Dimension Backtested Returns
Macroaxis considers Nano Dimension to be not too volatile. Nano Dimension has Sharpe Ratio of -0.2542 which conveys that Nano Dimension had -0.2542% 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. Nano Dimension exposes twenty-one different technical indicators which can help you to evaluate volatility that cannot be diversified away. Please be advised to verify Nano Dimension Ltd Mean Deviation of 2.19 and Risk Adjusted Performance of
(0.27) to check out risk estimate we provide. Macroaxis gives Nano Dimension performance score of 0 on a scale of 0 to 100. The company secures Beta (Market Risk) of -0.1569 which conveys that as returns on market increase, returns on owning Nano Dimension are expected to decrease at a much smaller rate. During bear market, Nano Dimension is likely to outperform the market.. Even though it is essential to pay attention to Nano Dimension 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. Nano Dimension exposes twenty-one different technical indicators which can help you to evaluate its performance. Nano Dimension has expected return of -0.8728%. Please be advised to verify Nano Dimension Ltd Jensen Alpha, Maximum Drawdown and the relationship between Information Ratio and Treynor Ratio to decide if Nano Dimension past performance will be repeated at some point in the near future.
|15 days auto-correlation||(0.49)|
|Spearman Rank Test||-0.47|
Nano Dimension lagged returns against current returns
Current and Lagged Values
Nano Dimension regressed lagged prices vs. current prices
Current vs Lagged Prices
Nano Dimension Lagged Returns
By capturing your risk tolerance and investment horizon Macroaxis technology of instant portfolio optimization will compute exactly how much risk is acceptable for your desired return expectations
Please see also Nano Dimension Hype Analysis, Nano Dimension Correlation, Nano Dimension Valuation, Nano Dimension Volatility as well as analyze Nano Dimension Alpha and Beta and Nano Dimension Performance. Please also try Theme Ratings module to determine theme ratings based on digital equity recommendations. macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.