C Mer (Israel) Risk Analysis And Volatility Evaluation

CMER -- Israel Stock  

ILS 1,345  8.00  0.60%

Macroaxis considers C Mer to be unknown risk. C Mer Industries secures Sharpe Ratio (or Efficiency) of -0.3339 which signifies that C Mer Industries had -0.3339% 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 Mean Deviation of 1.47 and Coefficient Of Variation of (630.00) to double-check risk estimate we provide.
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 = 0.42

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 0.42 . 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, C Mer 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 C Mer is -299.53. The daily returns are destributed with a variance of 5.22 and standard deviation of 2.28. The mean deviation of C Mer Industries Ltd is currently at 1.56. For similar time horizon, the selected benchmark (DOW) has volatility of 1.29
α
Alpha over DOW
=0.32
β
Beta against DOW=0.42
σ
Overall volatility
=2.28
Ir
Information ratio =0.11

C Mer Return Volatility

C Mer Industries Ltd accepts 2.284% 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

C Mer Volatility Factors

60 Days Market Risk

Unknown risk

Chance of Distress in 24 months

Unknown Distress

60 Days Economic Sensitivity

Insignificant

Investment Outlook

C Mer Investment Opportunity

C Mer Industries Ltd has a volatility of 2.28 and is 1.77 times more volatile than DOW. 20% 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 20 (%) 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 moderate upward volatility. Check odds of C Mer to be traded at S1479.5 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
Modest 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 Volatility Indicators

C Mer Industries Ltd Current Risk Indicators

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