Computer Direct (Israel) Risk Analysis And Volatility Evaluation

CMDR -- Israel Stock  

ILS 9,907  0.00  0.00%

Macroaxis considers Computer Direct to be not too risky. Computer Direct Group secures Sharpe Ratio (or Efficiency) of -0.0744 which signifies that Computer Direct Group had -0.0744% of return per unit of risk over the last 2 months. 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. Computer Direct Group Ltd exposes twenty-one different technical indicators which can help you to evaluate volatility that cannot be diversified away. Please be advised to confirm Computer Direct Group Risk Adjusted Performance of (0.14) and Mean Deviation of 1.36 to double-check risk estimate we provide.
Horizon     30 Days    Login   to change

Computer Direct Market Sensitivity

As returns on market increase, returns on owning Computer Direct are expected to decrease at a much smaller rate. During bear market, Computer Direct is likely to outperform the market.
2 Months Beta |Analyze Computer Direct Group Demand Trend
Check current 30 days Computer Direct correlation with market (DOW)
β = -0.2092

Computer Direct Central Daily Price Deviation

Computer Direct Group Technical Analysis

Transformation
The output start index for this execution was zero with a total number of output elements of thirty-nine. Computer Direct Group 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.

Computer Direct Projected Return Density Against Market

Assuming 30 trading days horizon, Computer Direct Group Ltd has beta of -0.2092 . This suggests as returns on benchmark increase, returns on holding Computer Direct are expected to decrease at a much smaller rate. During bear market, however, Computer Direct Group Ltd is likely to outperform the market. Additionally, Computer Direct Group 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 Computer Direct is -1343.56. The daily returns are destributed with a variance of 3.68 and standard deviation of 1.92. The mean deviation of Computer Direct Group Ltd is currently at 1.32. For similar time horizon, the selected benchmark (DOW) has volatility of 1.38
α
Alpha over DOW
=0.24
β
Beta against DOW=0.21
σ
Overall volatility
=1.92
Ir
Information ratio =0.02

Computer Direct Return Volatility

Computer Direct Group Ltd accepts 1.9172% volatility on return distribution over the 30 days horizon. DOW inherits 1.2918% risk (volatility on return distribution) over the 30 days horizon.
 Performance (%) 
      Timeline 

Market Risk Breakdown

Computer Direct Volatility Factors

60 Days Market Risk

Not too risky

Chance of Distress in 24 months

Below average

60 Days Economic Sensitivity

Almost neglects market trends

Investment Outlook

Computer Direct Investment Opportunity

Computer Direct Group Ltd has a volatility of 1.92 and is 1.49 times more volatile than DOW. 17% of all equities and portfolios are less risky than Computer Direct. Compared to the overall equity markets, volatility of historical daily returns of Computer Direct Group Ltd is lower than 17 (%) of all global equities and portfolios over the last 30 days. Use Computer Direct Group Ltd to protect against small markets fluctuations. The stock experiences normal downward trend, but the immediate impact on correlations cannot be determined at the moment . Check odds of Computer Direct to be traded at S9807.93 in 30 days. As returns on market increase, returns on owning Computer Direct are expected to decrease at a much smaller rate. During bear market, Computer Direct is likely to outperform the market.

Computer Direct correlation with market

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

Computer Direct Volatility Indicators

Computer Direct Group Ltd Current Risk Indicators

Check also Trending Equities. Please also try Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.
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