Dolomite Holdings (Israel) Risk Analysis And Volatility Evaluation

DLMT-M -- Israel Stock  

null 40.80  0.000001  0.00%

Macroaxis considers Dolomite Holdings unknown risk given 2 months investment horizon. Dolomite Holdings secures Sharpe Ratio (or Efficiency) of 0.0881 which denotes Dolomite Holdings had 0.0881% of return per unit of risk over the last 2 months. Our philosophy towards predicting volatility of a stock is to use all available market data together with stock specific technical indicators that cannot be diversified away. By reviewing Dolomite Holdings technical indicators you can presently evaluate if the expected return of 0.5794% is justified by implied risk. Please utilize Dolomite Holdings Coefficient Of Variation of 652.02 and Mean Deviation of 1.51 to check if our risk estimates are consistent with your expectations.
Horizon     30 Days    Login   to change

Dolomite Holdings Market Sensitivity

As returns on market increase, returns on owning Dolomite Holdings are expected to decrease at a much smaller rate. During bear market, Dolomite Holdings is likely to outperform the market.
2 Months Beta |Analyze Dolomite Holdings Demand Trend
Check current 30 days Dolomite Holdings correlation with market (DOW)
β = -0.2941

Dolomite Holdings Central Daily Price Deviation

Dolomite Holdings Technical Analysis

Transformation
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Dolomite Holdings Projected Return Density Against Market

Assuming 30 trading days horizon, Dolomite Holdings Ltd has beta of -0.2941 suggesting as returns on benchmark increase, returns on holding Dolomite Holdings are expected to decrease at a much smaller rate. During bear market, however, Dolomite Holdings Ltd is likely to outperform the market. Moreover, Dolomite Holdings Ltd has an alpha of 0.484 implying that it can potentially generate 0.484% excess return over DOW after adjusting for the inherited market risk (beta).
 Predicted Return Density 
      Returns 
Assuming 30 trading days horizon, the coefficient of variation of Dolomite Holdings is 1135.06. The daily returns are destributed with a variance of 43.26 and standard deviation of 6.58. The mean deviation of Dolomite Holdings Ltd is currently at 3.21. For similar time horizon, the selected benchmark (DOW) has volatility of 1.38
α
Alpha over DOW
=0.48
β
Beta against DOW=0.29
σ
Overall volatility
=6.58
Ir
Information ratio =0.20

Dolomite Holdings Return Volatility

Dolomite Holdings Ltd accepts 6.577% volatility on return distribution over the 30 days horizon. DOW inherits 1.3062% risk (volatility on return distribution) over the 30 days horizon.
 Performance (%) 
      Timeline 

Market Risk Breakdown

Dolomite Holdings Volatility Factors

60 Days Market Risk

Unknown risk

Chance of Distress in 24 months

Unknown Distress

60 Days Economic Sensitivity

Insignificant

Investment Outlook

Dolomite Holdings Investment Opportunity

Dolomite Holdings Ltd has a volatility of 6.58 and is 5.02 times more volatile than DOW. 59% of all equities and portfolios are less risky than Dolomite Holdings. Compared to the overall equity markets, volatility of historical daily returns of Dolomite Holdings Ltd is higher than 59 (%) of all global equities and portfolios over the last 30 days. Use Dolomite Holdings Ltd to enhance returns of your portfolios. The stock experiences normal upward fluctuation. Check odds of Dolomite Holdings to be traded at 42.84 in 30 days. As returns on market increase, returns on owning Dolomite Holdings are expected to decrease at a much smaller rate. During bear market, Dolomite Holdings is likely to outperform the market.

Dolomite Holdings correlation with market

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

Dolomite Holdings Volatility Indicators

Dolomite Holdings Ltd Current Risk Indicators

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