Macroaxis considers Africa Israel to be not too risky. Africa Israel Residences secures Sharpe Ratio (or Efficiency) of -0.1962 which signifies that Africa Israel Residences had -0.1962% of return per unit of risk over the last 2 months. Macroaxis philosophy towards foreseeing 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. Africa Israel Residences Ltd exposes twenty-one different technical indicators which can help you to evaluate volatility that cannot be diversified away. Please be advised to confirm Africa Israel Residences Risk Adjusted Performance of
(0.20) and Mean Deviation of 0.7951 to double-check risk estimate we provide.
|Horizon||30 Days Login to change|
Africa Israel Market Sensitivity
|As returns on market increase, returns on owning Africa Israel are expected to decrease at a much smaller rate. During bear market, Africa Israel is likely to outperform the market.2 Months Beta |Analyze Africa Israel Residences Demand TrendCheck current 30 days Africa Israel correlation with market (DOW)|
β = -0.1582
Africa Israel Central Daily Price Deviation
Africa Israel Residences Technical Analysis
Africa Israel Projected Return Density Against MarketAssuming 30 trading days horizon, Africa Israel Residences Ltd has beta of -0.1582 . This suggests as returns on benchmark increase, returns on holding Africa Israel are expected to decrease at a much smaller rate. During bear market, however, Africa Israel Residences Ltd is likely to outperform the market. Additionally, Africa Israel Residences Ltd has a negative alpha implying that the risk taken by holding this equity is not justified. The company is significantly underperforming DOW
Predicted Return Density
Assuming 30 trading days horizon, the coefficient of variation of Africa Israel is -509.64. The daily returns are destributed with a variance of 1.42 and standard deviation of 1.19. The mean deviation of Africa Israel Residences Ltd is currently at 0.85. For similar time horizon, the selected benchmark (DOW) has volatility of 1.29
|Alpha over DOW||=||0.2|
|Beta against DOW||=||0.16|
Africa Israel Return VolatilityAfrica Israel Residences Ltd accepts 1.192% volatility on return distribution over the 30 days horizon. DOW inherits 1.2919% risk (volatility on return distribution) over the 30 days horizon.
DOW has a standard deviation of returns of 1.29 and is 1.08 times more volatile than Africa Israel Residences Ltd. 10% of all equities and portfolios are less risky than Africa Israel. Compared to the overall equity markets, volatility of historical daily returns of Africa Israel Residences Ltd is lower than 10 (%) of all global equities and portfolios over the last 30 days. Use Africa Israel Residences Ltd to protect against small markets fluctuations. The stock experiences unexpected downward movement. The market is reacting to new fundamentals. Check odds of Africa Israel to be traded at S5426.88 in 30 days. As returns on market increase, returns on owning Africa Israel are expected to decrease at a much smaller rate. During bear market, Africa Israel is likely to outperform the market.
Africa Israel correlation with market