Apply Advanced (Israel) Risk Analysis And Volatility Evaluation

APLY -- Israel Stock  

ILS 301.80  5.40  1.76%

Macroaxis considers Apply Advanced to be not too risky. Apply Advanced Mobile secures Sharpe Ratio (or Efficiency) of -0.0424 which signifies that Apply Advanced Mobile had -0.0424% of return per unit of risk over the last 1 month. 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. Apply Advanced Mobile Technologies Ltd exposes twenty-one different technical indicators which can help you to evaluate volatility that cannot be diversified away. Please be advised to confirm Apply Advanced Mobile Risk Adjusted Performance of 0.19 and Mean Deviation of 2.24 to double-check risk estimate we provide.
Horizon     30 Days    Login   to change

Apply Advanced Market Sensitivity

As returns on market increase, returns on owning Apply Advanced are expected to decrease at a much smaller rate. During bear market, Apply Advanced is likely to outperform the market.
One Month Beta |Analyze Apply Advanced Mobile Demand Trend
Check current 30 days Apply Advanced correlation with market (DOW)
β = -0.7095
Apply Advanced Almost negative betaApply Advanced Mobile Beta Legend

Apply Advanced Mobile Technical Analysis

Transformation
The output start index for this execution was zero with a total number of output elements of seventeen. Apply Advanced Mobile Average Price is the average of the sum of open, high, low and close daily prices of a bar. It can be used to smooth an indicator that normally takes just the closing price as input. View also all equity analysis or get more info about average price price transform indicator.

Apply Advanced Projected Return Density Against Market

Assuming 30 trading days horizon, Apply Advanced Mobile Technologies Ltd has beta of -0.7095 . This suggests as returns on benchmark increase, returns on holding Apply Advanced are expected to decrease at a much smaller rate. During bear market, however, Apply Advanced Mobile Technologies Ltd is likely to outperform the market. Additionally, Apply Advanced Mobile Technologies 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 
      Returns 
Assuming 30 trading days horizon, the coefficient of variation of Apply Advanced is -2357.5. The daily returns are destributed with a variance of 6.22 and standard deviation of 2.49. The mean deviation of Apply Advanced Mobile Technologies Ltd is currently at 1.45. For similar time horizon, the selected benchmark (DOW) has volatility of 1.08
α
Alpha over DOW
=0.63
β
Beta against DOW=0.71
σ
Overall volatility
=2.49
Ir
Information ratio =0.16

Apply Advanced Return Volatility

Apply Advanced Mobile Technologies Ltd accepts 2.4944% volatility on return distribution over the 30 days horizon. DOW inherits 1.0565% risk (volatility on return distribution) over the 30 days horizon.
 Performance (%) 
      Timeline 

Market Risk Breakdown

Apply Advanced Volatility Factors

30 Days Market Risk

Not too risky

Chance of Distress in 24 months

Below average

30 Days Economic Sensitivity

Moves slightly opposite to market

Investment Outlook

Apply Advanced Investment Opportunity

Apply Advanced Mobile Technologies Ltd has a volatility of 2.49 and is 2.35 times more volatile than DOW. 22% 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 Mobile Technologies Ltd is lower than 22 (%) of all global equities and portfolios over the last 30 days. Use Apply Advanced Mobile Technologies Ltd to protect 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 S292.75 in 30 days. As returns on market increase, returns on owning Apply Advanced are expected to decrease at a much smaller rate. During bear market, Apply Advanced is likely to outperform the market.

Apply Advanced correlation with market

Very good diversification
Overlapping area represents the amount of risk that can be diversified away by holding Apply Advanced Mobile Technolo and equity matching DJI index in the same portfolio.

Apply Advanced Volatility Indicators

Apply Advanced Mobile Technologies Ltd Current Risk Indicators

Check also Trending Equities. Please also try Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.
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