Elspec Engineering (Israel) Performance

ELSPC -- Israel Stock  

ILS 221.00  0.00  0.00%

The firm shows Beta (market volatility) of 0.3472 which denotes to the fact that as returns on market increase, Elspec Engineering returns are expected to increase less than the market. However during bear market, the loss on holding Elspec Engineering will be expected to be smaller as well. Even though it is essential to pay attention to Elspec Engineering historical returns, it is always good to be careful when utilizing equity current trending patterns. Macroaxis philosophy towards predicting future performance of any stock is to check both, its past performance charts as well as the business as a whole, including all available technical indicators. Elspec Engineering Ltd exposes twenty-one different technical indicators which can help you to evaluate its performance. Elspec Engineering has expected return of -0.2853%. Please be advised to confirm Elspec Engineering Variance, Maximum Drawdown as well as the relationship between Maximum Drawdown and Semi Variance to decide if Elspec Engineering past performance will be repeated at some point in the near future.
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Risk-Adjusted Performance

Over the last 30 days Elspec Engineering Ltd has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of weak performance in the last few months, the Stock's essential indicators remain comparatively unchanging which may send shares a bit higher in June 2019. The late uproar may also be a sign of mid-term up-swing for the firm leadership.
Quick Ratio2.40
Fifty Two Week Low158.00
Fifty Two Week High260.00
Trailing Annual Dividend Yield0.34%
Horizon     30 Days    Login   to change

Elspec Engineering Relative Risk vs. Return Landscape

If you would invest  23,900  in Elspec Engineering Ltd on April 21, 2019 and sell it today you would lose (1,800)  from holding Elspec Engineering Ltd or give up 7.53% of portfolio value over 30 days. Elspec Engineering Ltd is generating negative expected returns and assumes 1.7586% volatility on return distribution over the 30 days horizon. Simply put, 15% of equities are less volatile than Elspec Engineering and 99% of equity instruments are likely to generate higher returns than the company over the next 30 trading days.
 Daily Expected Return (%) 
      Risk (%) 
Assuming 30 trading days horizon, Elspec Engineering is expected to under-perform the market. In addition to that, the company is 2.72 times more volatile than its market benchmark. It trades about -0.16 of its total potential returns per unit of risk. The DOW is currently generating roughly 0.03 per unit of volatility.

Elspec Engineering Market Risk Analysis

Sharpe Ratio = -0.1622
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Elspec Engineering Relative Performance Indicators

Estimated Market Risk
 1.76
  actual daily
 
 15 %
of total potential
 
1515
Expected Return
 -0.29
  actual daily
 
 0 %
of total potential
 
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Risk-Adjusted Return
 -0.16
  actual daily
 
 0 %
of total potential
 
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Based on monthly moving average Elspec Engineering is performing at about 0% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Elspec Engineering by adding it to a well-diversified portfolio.

Elspec Engineering Alerts

Equity Alerts and Improvement Suggestions

Elspec Engineering is not yet fully synchronised with the market data
Elspec Engineering generates negative expected return over the last 30 days
Additionally see Investing Opportunities. Please also try Balance Of Power module to check stock momentum by analyzing balance of power indicator and other technical ratios.
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