|ELSPC -- Israel Stock|| |
ILS 177.20 5.20 3.02%
Macroaxis gives Elspec Engineering performance score of 0 on a scale of 0 to 100. The firm shows Beta (market volatility) of -0.5208 which denotes to the fact that as returns on market increase, returns on owning Elspec Engineering are expected to decrease at a much smaller rate. During bear market, Elspec Engineering is likely to outperform the market.. 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 -0.5583%. 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.
Elspec Engineering Relative Risk vs. Return Landscape
If you would invest 19,470
in Elspec Engineering Ltd on November 18, 2018
and sell it today you would lose (2,840)
from holding Elspec Engineering Ltd or give up 14.59%
of portfolio value over 30
days. Elspec Engineering Ltd is generating negative expected returns and assumes 2.1898% volatility on return distribution over the 30 days horizon. Simply put, 19% of equities are less volatile than Elspec Engineering Ltd and 99% of equity instruments are likely to generate higher returns than the company over the next 30 trading days.
Daily Expected Return (%)
Assuming 30 trading days horizon, Elspec Engineering Ltd is expected to under-perform the market. In addition to that, the company is 1.64 times more volatile than its market benchmark. It trades about -0.25 of its total potential returns per unit of risk. The DOW is currently generating roughly -0.13 per unit of volatility.
Elspec Engineering Market Risk Analysis
Sharpe Ratio = -0.255
Elspec Engineering Relative Performance Indicators
Estimated Market Risk
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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
Over the last 30 days Elspec Engineering Ltd has generated negative risk-adjusted returns adding no value to investors with long positions.
|Elspec Engineering is not yet fully synchronised with the market data|
|Elspec Engineering generates negative expected return over the last 30 days|
|Fifty Two Week Low||166.00|
|Fifty Two Week High||285.00|
|Trailing Annual Dividend Yield||0.45%|
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module to determine portfolio positions ratings based on digital equity recommendations. macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.