Computer Direct (Israel) Risk Analysis And Volatility

CMDR -- Israel Stock  

ILS 9,881  61.00  0.62%

Our philosophy towards 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 Computer Direct Group Ltd which you can use to evaluate future volatility of the firm. Please confirm Computer Direct Group Mean Deviation of 0.3266 and Risk Adjusted Performance of (0.11) to double-check if risk estimate we provide are consistent with the epected return of 0.0%.
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 = -0.07

Computer Direct Central Daily Price Deviation

Computer Direct Group Technical Analysis

Transformation
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Computer Direct Projected Return Density Against Market

Assuming 30 trading days horizon, Computer Direct Group Ltd has beta of -0.07 . 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, The company has a negative alpha implying that the risk taken by holding this equity is not justified. Computer Direct Group is significantly underperforming DOW.
 Predicted Return Density 
      Returns 
α
Alpha over DOW
=0.11
β
Beta against DOW=0.07
σ
Overall volatility
=0.00
Ir
Information ratio =0.41

Computer Direct Return Volatility

the company accepts 0.0% volatility on return distribution over the 30 days horizon. the entity inherits 0.6341% risk (volatility on return distribution) over the 30 days horizon.
 Performance (%) 
      Timeline 

Market Risk Breakdown

Computer Direct Volatility Factors

60 Days Market Risk

Unknown risk

Chance of Distress in 24 months

Unknown Distress

60 Days Economic Sensitivity

Insignificant

Investment Outlook

Computer Direct Investment Opportunity

DOW has a standard deviation of returns of 0.63 and is 9.223372036854776E16 times more volatile than Computer Direct Group Ltd. 0% 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 0 (%) of all global equities and portfolios over the last 30 days. Use Computer Direct Group Ltd to enhance returns of your portfolios. The stock experiences moderate upward volatility. Check odds of Computer Direct to be traded at S10869.1 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

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