Delek Automotive (Israel) Risk Analysis And Volatility

DLEA -- Israel Stock  

ILS 1,460  40.00  2.67%

Macroaxis considers Delek Automotive to be unknown risk. Delek Automotive Systems secures Sharpe Ratio (or Efficiency) of -0.2706 which denotes the organization had -0.2706% of return per unit of risk over the last 2 months. Macroaxis philosophy towards predicting 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. Delek Automotive Systems Ltd exposes twenty-one different technical indicators which can help you to evaluate volatility that cannot be diversified away. Please be advised to confirm Delek Automotive Systems Mean Deviation of 2.05 and Coefficient Of Variation of (503.81) to check risk estimate we provide.
Horizon     30 Days    Login   to change

Delek Automotive Market Sensitivity

As returns on market increase, returns on owning Delek Automotive are expected to decrease at a much smaller rate. During bear market, Delek Automotive is likely to outperform the market.
2 Months Beta |Analyze Delek Automotive Systems Demand Trend
Check current 30 days Delek Automotive correlation with market (DOW)
β = -0.2453

Delek Automotive Central Daily Price Deviation

Delek Automotive Systems Technical Analysis

Transformation
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Delek Automotive Projected Return Density Against Market

Assuming 30 trading days horizon, Delek Automotive Systems Ltd has beta of -0.2453 suggesting as returns on benchmark increase, returns on holding Delek Automotive are expected to decrease at a much smaller rate. During bear market, however, Delek Automotive Systems 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. Delek Automotive Systems is significantly underperforming DOW.
 Predicted Return Density 
      Returns 
Assuming 30 trading days horizon, the coefficient of variation of Delek Automotive is -369.61. The daily returns are destributed with a variance of 3.44 and standard deviation of 1.86. The mean deviation of Delek Automotive Systems Ltd is currently at 1.44. For similar time horizon, the selected benchmark (DOW) has volatility of 0.71
α
Alpha over DOW
=0.57
β
Beta against DOW=0.25
σ
Overall volatility
=1.86
Ir
Information ratio =0.22

Delek Automotive Return Volatility

the company accepts 1.8557% volatility on return distribution over the 30 days horizon. the entity inherits 0.6883% risk (volatility on return distribution) over the 30 days horizon.
 Performance (%) 
      Timeline 

Market Risk Breakdown

Delek Automotive Volatility Factors

60 Days Market Risk

Unknown risk

Chance of Distress in 24 months

Unknown Distress

60 Days Economic Sensitivity

Insignificant

Investment Outlook

Delek Automotive Investment Opportunity

Delek Automotive Systems Ltd has a volatility of 1.86 and is 2.7 times more volatile than DOW. 16% of all equities and portfolios are less risky than Delek Automotive. Compared to the overall equity markets, volatility of historical daily returns of Delek Automotive Systems Ltd is lower than 16 (%) of all global equities and portfolios over the last 30 days. Use Delek Automotive Systems Ltd to protect your portfolios against small markets fluctuations. The stock experiences unexpected downward movement. The market is reacting to new fundamentals. Check odds of Delek Automotive to be traded at S1401.6 in 30 days. . As returns on market increase, returns on owning Delek Automotive are expected to decrease at a much smaller rate. During bear market, Delek Automotive is likely to outperform the market.

Delek Automotive correlation with market

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

Delek Automotive Volatility Indicators

Delek Automotive Systems Ltd Current Risk Indicators

Additionally see Investing Opportunities. Please also try Pair Correlation module to compare performance and examine historical correlation between any two equity instruments.
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