Ashot Ashkelon (Israel) Risk Analysis And Volatility Evaluation

ASHO -- Israel Stock  

ILS 1,018  48.00  4.50%

We consider Ashot Ashkelon unknown risk. Ashot Ashkelon Indus secures Sharpe Ratio (or Efficiency) of 0.0392 which signifies that Ashot Ashkelon Indus had 0.0392% of return per unit of standard deviation over the last 2 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. We have found twenty-one technical indicators for Ashot Ashkelon Industries Ltd which you can use to evaluate future volatility of the firm. Please confirm Ashot Ashkelon Indus Mean Deviation of 1.75 and Risk Adjusted Performance of (0.11) to double-check if risk estimate we provide are consistent with the epected return of 0.1235%.
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.
2 Months Beta |Analyze Ashot Ashkelon Indus Demand Trend
Check current 30 days Ashot Ashkelon correlation with market (DOW)
β = 0.1144

Ashot Ashkelon Central Daily Price Deviation

Ashot Ashkelon Indus Technical Analysis

Transformation
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Ashot Ashkelon Projected Return Density Against Market

Assuming 30 trading days horizon, Ashot Ashkelon has beta of 0.1144 . 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. Additionally, Ashot Ashkelon Industries 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 Ashot Ashkelon is 2551.76. The daily returns are destributed with a variance of 9.93 and standard deviation of 3.15. The mean deviation of Ashot Ashkelon Industries Ltd is currently at 2.36. For similar time horizon, the selected benchmark (DOW) has volatility of 1.27
α
Alpha over DOW
=0.22
β
Beta against DOW=0.11
σ
Overall volatility
=3.15
Ir
Information ratio =0.07

Ashot Ashkelon Return Volatility

Ashot Ashkelon Industries Ltd accepts 3.151% volatility on return distribution over the 30 days horizon. DOW inherits 1.282% risk (volatility on return distribution) over the 30 days horizon.
 Performance (%) 
      Timeline 

Market Risk Breakdown

Ashot Ashkelon Volatility Factors

60 Days Market Risk

Unknown risk

Chance of Distress in 24 months

Unknown Distress

60 Days Economic Sensitivity

Insignificant

Investment Outlook

Ashot Ashkelon Investment Opportunity

Ashot Ashkelon Industries Ltd has a volatility of 3.15 and is 2.46 times more volatile than DOW. 28% of all equities and portfolios are less risky than Ashot Ashkelon. Compared to the overall equity markets, volatility of historical daily returns of Ashot Ashkelon Industries Ltd is lower than 28 (%) of all global equities and portfolios over the last 30 days. Use Ashot Ashkelon Industries Ltd to protect against small markets fluctuations. The stock experiences very speculative upward sentiment.. Check odds of Ashot Ashkelon to be traded at S967.1 in 30 days. 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.

Ashot Ashkelon correlation with market

correlation synergy
Significant diversification
Overlapping area represents the amount of risk that can be diversified away by holding Ashot Ashkelon Industries Ltd and equity matching DJI index in the same portfolio.

Ashot Ashkelon Volatility Indicators

Ashot Ashkelon Industries Ltd Current Risk Indicators

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