|Horizon||30 Days Login to change|
Ashot Ashkelon Market Sensitivity
|As returns on market increase, Ashot Ashkelon returns are expected to increase less than the market. However during bear market, the loss on holding Ashot Ashkelon will be expected to be smaller as well.One Month Beta |Analyze Ashot Ashkelon Indus Demand TrendCheck current 30 days Ashot Ashkelon correlation with market (DOW)|
β = 0.1117
Ashot Ashkelon Indus Technical Analysis
Ashot Ashkelon Projected Return Density Against MarketAssuming 30 trading days horizon, Ashot Ashkelon has beta of 0.1117 . This suggests as returns on market go up, Ashot Ashkelon average returns are expected to increase less than the benchmark. However during bear market, the loss on holding Ashot Ashkelon Industries Ltd will be expected to be much smaller as well. Moreover, Ashot Ashkelon Industries Ltd has an alpha of 0.3346 implying that it can potentially generate 0.3346% excess return over DOW after adjusting for the inherited market risk (beta).
Predicted Return Density
Ashot Ashkelon Return VolatilityAshot Ashkelon Industries Ltd accepts 1.2946% volatility on return distribution over the 30 days horizon. DOW inherits 1.088% risk (volatility on return distribution) over the 30 days horizon.