APPLY ADVANCED (Israel) Risk Analysis And Volatility

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APLY -- Israel Stock  

ILA 84.40  1.30  1.52%

Macroaxis considers APPLY ADVANCED not too volatile given 3 months investment horizon. APPLY ADVANCED secures Sharpe Ratio (or Efficiency) of 0.1294 which signifies that the organization had 0.1294% of return per unit of risk over the last 3 months. Our philosophy in foreseeing volatility of a stock is to use all available market data together with stock specific technical indicators that cannot be diversified away. By analyzing APPLY ADVANCED technical indicators you can now evaluate if the expected return of 0.5745% is justified by implied risk. Please makes use of APPLY ADVANCED Mean Deviation of 3.55 and Risk Adjusted Performance of (0.003688) to double-check if our risk estimates are consistent with your expectations.

90 Days Market Risk

Not too volatile

Chance of Distress

Below average

90 Days Economic Sensitivity

Moves totally opposite to market
Horizon     30 Days    Login   to change

APPLY ADVANCED Market Sensitivity

APPLY ADVANCED Technical Analysis

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APPLY ADVANCED Projected Return Density Against Market

Assuming 30 trading days horizon, APPLY ADVANCED has beta of -0.9841 . This suggests Additionally, The company has a negative alpha implying that the risk taken by holding this equity is not justified. APPLY ADVANCED is significantly underperforming DOW.
 Predicted Return Density 
    
  Returns 
Assuming 30 trading days horizon, the coefficient of variation of APPLY ADVANCED is 772.92. The daily returns are destributed with a variance of 19.72 and standard deviation of 4.44. The mean deviation of APPLY ADVANCED is currently at 3.23. For similar time horizon, the selected benchmark (DOW) has volatility of 0.48
α
Alpha over DOW
=0.03
β
Beta against DOW=0.98
σ
Overall volatility
=4.44
Ir
Information ratio =0.05

APPLY ADVANCED Return Volatility

the company accepts 4.4405% volatility on return distribution over the 30 days horizon. the entity inherits 0.4792% risk (volatility on return distribution) over the 30 days horizon.
 Performance (%) 
    
  Timeline 

APPLY ADVANCED Investment Opportunity

APPLY ADVANCED has a volatility of 4.44 and is 9.25 times more volatile than DOW. 39  of all equities and portfolios are less risky than APPLY ADVANCED. Compared to the overall equity markets, volatility of historical daily returns of APPLY ADVANCED is lower than 39 () of all global equities and portfolios over the last 30 days. Use APPLY ADVANCED to protect your portfolios against small markets fluctuations. The stock experiences somewhat bearish sentiment, but market may correct it shortly. Check odds of APPLY ADVANCED to be traded at 81.87 in 30 days. .

APPLY ADVANCED correlation with market

correlation synergy
Good diversification
Overlapping area represents the amount of risk that can be diversified away by holding APPLY ADVANCED and equity matching DJI index in the same portfolio.

APPLY ADVANCED Current Risk Indicators

APPLY ADVANCED Suggested Diversification Pairs

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