C Mer (Israel) Risk Analysis And Volatility

CMER -- Israel Stock  

ILS 999.80  0.60  0.06%

Macroaxis considers C Mer to be unknown risk. C Mer Industries secures Sharpe Ratio (or Efficiency) of -0.1477 which signifies that the company had -0.1477% of return per unit of risk over the last 2 months. Macroaxis approach into 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. C Mer Industries Ltd exposes twenty-one different technical indicators which can help you to evaluate volatility that cannot be diversified away. Please be advised to confirm C Mer Industries Coefficient Of Variation of (2,319) and Mean Deviation of 2.35 to double-check risk estimate we provide.

60 Days Market Risk

Unknown risk

Chance of Distress in 24 months

Unknown Distress

60 Days Economic Sensitivity

Insignificant
Horizon     30 Days    Login   to change

C Mer Market Sensitivity

As returns on market increase, C Mer returns are expected to increase less than the market. However during bear market, the loss on holding C Mer will be expected to be smaller as well.
2 Months Beta |Analyze C Mer Industries Demand Trend
Check current 30 days C Mer correlation with market (DOW)
β = 0.1505

C Mer Central Daily Price Deviation

C Mer Industries Technical Analysis

Transformation
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C Mer Projected Return Density Against Market

Assuming 30 trading days horizon, C Mer has beta of 0.1505 . This suggests as returns on market go up, C Mer average returns are expected to increase less than the benchmark. However during bear market, the loss on holding C Mer Industries Ltd will be expected to be much smaller as well. Additionally, The company has a negative alpha implying that the risk taken by holding this equity is not justified. C Mer Industries is significantly underperforming DOW.
 Predicted Return Density 
      Returns 
Assuming 30 trading days horizon, the coefficient of variation of C Mer is -676.84. The daily returns are destributed with a variance of 16.81 and standard deviation of 4.1. The mean deviation of C Mer Industries Ltd is currently at 2.6. For similar time horizon, the selected benchmark (DOW) has volatility of 0.64
α
Alpha over DOW
=0.18
β
Beta against DOW=0.15
σ
Overall volatility
=4.10
Ir
Information ratio =0.08

C Mer Return Volatility

the company accepts 4.1003% volatility on return distribution over the 30 days horizon. the entity inherits 0.5769% risk (volatility on return distribution) over the 30 days horizon.
 Performance (%) 
      Timeline 

C Mer Investment Opportunity

C Mer Industries Ltd has a volatility of 4.1 and is 7.07 times more volatile than DOW. 36% of all equities and portfolios are less risky than C Mer. Compared to the overall equity markets, volatility of historical daily returns of C Mer Industries Ltd is lower than 36 (%) of all global equities and portfolios over the last 30 days. Use C Mer Industries Ltd to enhance returns of your portfolios. The stock experiences normal upward fluctuation. Check odds of C Mer to be traded at S1049.79 in 30 days. . As returns on market increase, C Mer returns are expected to increase less than the market. However during bear market, the loss on holding C Mer will be expected to be smaller as well.

C Mer correlation with market

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

C Mer Current Risk Indicators

C Mer Suggested Diversification Pairs

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