We consider Africa Israel unknown risk. Africa Israel Residences secures Sharpe Ratio (or Efficiency) of 0.0428 which signifies that the organization had 0.0428% of return per unit of risk over the last 2 months. Our philosophy towards foreseeing 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 Africa Israel Residences Ltd which you can use to evaluate future volatility of the firm. Please confirm Africa Israel Residences Risk Adjusted Performance of 0.0826, Downside Deviation of 2.57 and Mean Deviation of 2.17 to double-check if risk estimate we provide are consistent with the epected return of 0.1208%.
60 Days Market Risk
Chance of Distress in 24 months
60 Days Economic Sensitivity
|Horizon||30 Days Login to change|
Africa Israel Market Sensitivity
|As returns on market increase, returns on owning Africa Israel are expected to decrease by larger amounts. On the other hand, during market turmoil, Africa Israel is expected to significantly outperform it. 2 Months Beta |Analyze Africa Israel Residences Demand TrendCheck current 30 days Africa Israel correlation with market (DOW)|
β = -1.3323
Africa Israel Central Daily Price Deviation
Africa Israel Residences Technical Analysis
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Africa Israel Projected Return Density Against MarketAssuming 30 trading days horizon, Africa Israel Residences Ltd has beta of -1.3323 . This suggests as returns on its benchmark rise, returns on holding Africa Israel Residences Ltd are expected to decrease by similarly larger amounts. On the other hand, during market turmoils, Africa Israel is expected to outperform its benchmark. Moreover, The company has an alpha of 0.4268 implying that it can potentially generate 0.4268% excess return over DOW after adjusting for the inherited market risk (beta).
Predicted Return Density
Assuming 30 trading days horizon, the coefficient of variation of Africa Israel is 2334.73. The daily returns are destributed with a variance of 7.95 and standard deviation of 2.82. The mean deviation of Africa Israel Residences Ltd is currently at 1.8. For similar time horizon, the selected benchmark (DOW) has volatility of 0.65
|Alpha over DOW||=||0.43|
|Beta against DOW||=||1.33|
Africa Israel Return Volatilitythe company accepts 2.8198% volatility on return distribution over the 30 days horizon. the entity inherits 0.5908% risk (volatility on return distribution) over the 30 days horizon.
Africa Israel Investment Opportunity
Africa Israel Residences Ltd has a volatility of 2.82 and is 4.78 times more volatile than DOW. 25% 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 25 (%) of all global equities and portfolios over the last 30 days. Use Africa Israel Residences Ltd to protect your portfolios against small markets fluctuations. The stock experiences very speculative upward sentiment. Check odds of Africa Israel to be traded at S6281.4 in 30 days. . As returns on market increase, returns on owning Africa Israel are expected to decrease by larger amounts. On the other hand, during market turmoil, Africa Israel is expected to significantly outperform it.
Africa Israel correlation with market
Africa Israel Current Risk Indicators
|Risk Adjusted Performance||0.0826|
|Market Risk Adjusted Performance||(0.23)|
|Coefficient Of Variation||873.95|
Africa Israel Suggested Diversification Pairs