DJCBT (Israel) Risk Analysis And Volatility

DJCBT -- Israel ETF  

ILS 134,535  96.00  0.07%

Our philosophy in predicting volatility of an etf is to use all available market data together with etf specific technical indicators that cannot be diversified away. We have found twenty-one technical indicators for DJCBT which you can use to evaluate future volatility of the entity. Please confirm DJCBT Market Risk Adjusted Performance of 1.32 and Coefficient Of Variation of (1,239) to check if risk estimate we provide are consistent with the epected return of 0.0%.
Horizon     30 Days    Login   to change

DJCBT Market Sensitivity

As returns on market increase, returns on owning DJCBT are expected to decrease at a much smaller rate. During bear market, DJCBT is likely to outperform the market.
2 Months Beta |Analyze DJCBT Demand Trend
Check current 30 days DJCBT correlation with market (DOW)
β = -0.011

DJCBT Central Daily Price Deviation

DJCBT Technical Analysis

Transformation
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DJCBT Projected Return Density Against Market

Assuming 30 trading days horizon, DJCBT has beta of -0.011 suggesting as returns on benchmark increase, returns on holding DJCBT are expected to decrease at a much smaller rate. During bear market, however, DJCBT 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. DJCBT is significantly underperforming DOW.
 Predicted Return Density 
      Returns 
α
Alpha over DOW
=0.01
β
Beta against DOW=0.01
σ
Overall volatility
=0.00
Ir
Information ratio =3.14

DJCBT Return Volatility

the entity accepts 0.0% volatility on return distribution over the 30 days horizon. the entity inherits 0.6323% risk (volatility on return distribution) over the 30 days horizon.
 Performance (%) 
      Timeline 

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Investment Outlook

DJCBT Investment Opportunity

DOW has a standard deviation of returns of 0.63 and is 9.223372036854776E16 times more volatile than DJCBT. 0% of all equities and portfolios are less risky than DJCBT. Compared to the overall equity markets, volatility of historical daily returns of DJCBT is lower than 0 (%) of all global equities and portfolios over the last 30 days. Use DJCBT to protect your portfolios against small markets fluctuations. The etf experiences normal downward trend and little activity. Check odds of DJCBT to be traded at S133189.65 in 30 days. . As returns on market increase, returns on owning DJCBT are expected to decrease at a much smaller rate. During bear market, DJCBT is likely to outperform the market.

DJCBT correlation with market

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

DJCBT Volatility Indicators

DJCBT Current Risk Indicators

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