Macroaxis considers AMIDEX35 Israel to be not too volatile. AMIDEX35 Israel Mutual secures Sharpe Ratio (or Efficiency) of -0.0078 which signifies that the fund had -0.0078% of return per unit of return volatility over the last 3 months. Macroaxis approach into foreseeing risk of any fund is to look at both systematic and un-systematic factors of the business, including all available market data and technical indicators. AMIDEX35 Israel Mutual Fund exposes twenty-one different technical indicators which can help you to evaluate volatility that cannot be diversified away. Please be advised to confirm AMIDEX35 Israel Mutual Risk Adjusted Performance of 0.0046, Mean Deviation of 0.5429 and Semi Deviation of 0.8062 to double-check risk estimate we provide.
90 Days Market Risk
Not too volatile
Chance of Distress in 24 months
90 Days Economic Sensitivity
Moves indifferently to market moves
|Horizon||30 Days Login to change|
AMIDEX35 Israel Market Sensitivity
|As returns on market increase, returns on owning AMIDEX35 Israel are expected to decrease at a much smaller rate. During bear market, AMIDEX35 Israel is likely to outperform the market. 3 Months Beta |Analyze AMIDEX35 Israel Mutual Demand TrendCheck current 30 days AMIDEX35 Israel correlation with market (DOW)|
β = -0.1482
AMIDEX35 Israel Central Daily Price Deviation
AMIDEX35 Israel Mutual Technical Analysis
AMIDEX35 Israel Projected Return Density Against MarketAssuming 30 trading days horizon, AMIDEX35 Israel Mutual Fund has beta of -0.1482 . This suggests as returns on benchmark increase, returns on holding AMIDEX35 Israel are expected to decrease at a much smaller rate. During bear market, however, AMIDEX35 Israel Mutual Fund is likely to outperform the market. Additionally, The company has a negative alpha implying that the risk taken by holding this equity is not justified. AMIDEX35 Israel Mutual is significantly underperforming DOW.
Predicted Return Density
Assuming 30 trading days horizon, the coefficient of variation of AMIDEX35 Israel is -12749.54. The daily returns are destributed with a variance of 0.66 and standard deviation of 0.81. The mean deviation of AMIDEX35 Israel Mutual Fund is currently at 0.58. For similar time horizon, the selected benchmark (DOW) has volatility of 0.9
|Alpha over DOW||=||0.0019|
|Beta against DOW||=||0.15|
AMIDEX35 Israel Return Volatilitythe fund shows 0.8099% volatility of returns over 30 trading days. the entity inherits 0.9048% risk (volatility on return distribution) over the 30 days horizon.
AMIDEX35 Israel Investment Opportunity
DOW has a standard deviation of returns of 0.9 and is 1.11 times more volatile than AMIDEX35 Israel Mutual Fund. 7% of all equities and portfolios are less risky than AMIDEX35 Israel. Compared to the overall equity markets, volatility of historical daily returns of AMIDEX35 Israel Mutual Fund is lower than 7 (%) of all global equities and portfolios over the last 30 days. Use AMIDEX35 Israel Mutual Fund to protect your portfolios against small markets fluctuations. The fund experiences moderate downward daily trend and can be a good diversifier. Check odds of AMIDEX35 Israel to be traded at $12.94 in 30 days. . As returns on market increase, returns on owning AMIDEX35 Israel are expected to decrease at a much smaller rate. During bear market, AMIDEX35 Israel is likely to outperform the market.
AMIDEX35 Israel correlation with market
AMIDEX35 Israel Current Risk Indicators
|Risk Adjusted Performance||0.0046|
|Market Risk Adjusted Performance||0.0416|
|Coefficient Of Variation||14736.48|
AMIDEX35 Israel Suggested Diversification Pairs