Macroaxis considers Brenmiller Energy to be unknown risk. Brenmiller Energy secures Sharpe Ratio (or Efficiency) of -0.4597 which signifies that Brenmiller Energy had -0.4597% of return per unit of standard deviation over the last 2 months. Macroaxis philosophy in 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. Brenmiller Energy Ltd exposes twenty-one different technical indicators which can help you to evaluate volatility that cannot be diversified away. Please be advised to confirm Brenmiller Energy Mean Deviation of 0.4978 and Risk Adjusted Performance of
(0.37) to double-check risk estimate we provide.
|Horizon||30 Days Login to change|
Brenmiller Energy Market Sensitivity
|As returns on market increase, Brenmiller Energy returns are expected to increase less than the market. However during bear market, the loss on holding Brenmiller Energy will be expected to be smaller as well.2 Months Beta |Analyze Brenmiller Energy Demand TrendCheck current 30 days Brenmiller Energy correlation with market (DOW)|
β = 0.0598
Brenmiller Energy Central Daily Price Deviation
Brenmiller Energy Technical Analysis
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Brenmiller Energy Projected Return Density Against MarketAssuming 30 trading days horizon, Brenmiller Energy has beta of 0.0598 . This suggests as returns on market go up, Brenmiller Energy average returns are expected to increase less than the benchmark. However during bear market, the loss on holding Brenmiller Energy Ltd will be expected to be much smaller as well. Additionally, Brenmiller Energy 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
Assuming 30 trading days horizon, the coefficient of variation of Brenmiller Energy is -217.55. The daily returns are destributed with a variance of 0.76 and standard deviation of 0.87. The mean deviation of Brenmiller Energy Ltd is currently at 0.65. For similar time horizon, the selected benchmark (DOW) has volatility of 1.3
|Alpha over DOW||=||0.26|
|Beta against DOW||=||0.06|
Brenmiller Energy Return VolatilityBrenmiller Energy Ltd accepts 0.8709% volatility on return distribution over the 30 days horizon. DOW inherits 1.3487% risk (volatility on return distribution) over the 30 days horizon.
DOW has a standard deviation of returns of 1.35 and is 1.55 times more volatile than Brenmiller Energy Ltd. 7% of all equities and portfolios are less risky than Brenmiller Energy. Compared to the overall equity markets, volatility of historical daily returns of Brenmiller Energy Ltd is lower than 7 (%) of all global equities and portfolios over the last 30 days. Use Brenmiller Energy Ltd to protect against small markets fluctuations. The stock experiences somewhat bearish sentiment, but market may correct it shortly. Check odds of Brenmiller Energy to be traded at 738.36 in 30 days. As returns on market increase, Brenmiller Energy returns are expected to increase less than the market. However during bear market, the loss on holding Brenmiller Energy will be expected to be smaller as well.
Brenmiller Energy correlation with market