ELDT P3 (Israel) Risk Analysis And Volatility Evaluation

ELDT-P3 -- Israel Stock  

null 999.23  0.02  0.002%

Our philosophy in predicting volatility of a stock is to use all available market data together with stock specific technical indicators that cannot be diversified away. We have found twenty-one technical indicators for ELDT P3 TA which you can use to evaluate future volatility of the firm. Please confirm ELDT P3 TA Coefficient Of Variation of 431.68 and Mean Deviation of 0.0726 to check if risk estimate we provide are consistent with the epected return of 0.0%.
Horizon     30 Days    Login   to change

ELDT P3 Market Sensitivity

As returns on market increase, returns on owning ELDT P3 are expected to decrease at a much smaller rate. During bear market, ELDT P3 is likely to outperform the market.
2 Months Beta |Analyze ELDT P3 TA Demand Trend
Check current 30 days ELDT P3 correlation with market (DOW)
β = -0.0022

ELDT P3 Central Daily Price Deviation

ELDT P3 TA Technical Analysis

Transformation
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ELDT P3 Projected Return Density Against Market

Assuming 30 trading days horizon, ELDT P3 TA has beta of -0.0022 suggesting as returns on benchmark increase, returns on holding ELDT P3 are expected to decrease at a much smaller rate. During bear market, however, ELDT P3 TA is likely to outperform the market. Moreover, ELDT P3 TA has an alpha of 0.0105 implying that it can potentially generate 0.0105% excess return over DOW after adjusting for the inherited market risk (beta).
 Predicted Return Density 
      Returns 
α
Alpha over DOW
=0.0105
β
Beta against DOW=0.0022
σ
Overall volatility
=0.00
Ir
Information ratio =2.15

ELDT P3 Return Volatility

ELDT P3 TA accepts 0.0% volatility on return distribution over the 30 days horizon. DOW inherits 1.3055% risk (volatility on return distribution) over the 30 days horizon.
 Performance (%) 
      Timeline 

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Investment Outlook

ELDT P3 Investment Opportunity

DOW has a standard deviation of returns of 1.31 and is 9.223372036854776E16 times more volatile than ELDT P3 TA. 0% of all equities and portfolios are less risky than ELDT P3. Compared to the overall equity markets, volatility of historical daily returns of ELDT P3 TA is lower than 0 (%) of all global equities and portfolios over the last 30 days. Use ELDT P3 TA to protect against small markets fluctuations. The stock experiences normal downward trend and little activity. Check odds of ELDT P3 to be traded at 989.24 in 30 days. As returns on market increase, returns on owning ELDT P3 are expected to decrease at a much smaller rate. During bear market, ELDT P3 is likely to outperform the market.

ELDT P3 correlation with market

correlation synergy
Good diversification
Overlapping area represents the amount of risk that can be diversified away by holding ELDT P3 TA and equity matching DJI index in the same portfolio.

ELDT P3 Volatility Indicators

ELDT P3 TA Current Risk Indicators

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