|Horizon||30 Days Login to change|
Ellomay Capital Market Sensitivity
|As returns on market increase, returns on owning Ellomay Capital are expected to decrease at a much smaller rate. During bear market, Ellomay Capital is likely to outperform the market.One Month Beta |Analyze Ellomay Capital Demand TrendCheck current 30 days Ellomay Capital correlation with market (DOW)|
β = -0.0064
Ellomay Capital Technical Analysis
Ellomay Capital Projected Return Density Against MarketAssuming 30 trading days horizon, Ellomay Capital Ltd has beta of -0.0064 suggesting as returns on benchmark increase, returns on holding Ellomay Capital are expected to decrease at a much smaller rate. During bear market, however, Ellomay Capital Ltd is likely to outperform the market. Additionally, Ellomay Capital 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
Ellomay Capital Return VolatilityEllomay Capital Ltd accepts 0.0389% volatility on return distribution over the 30 days horizon. DOW inherits 1.0678% risk (volatility on return distribution) over the 30 days horizon.