Emilia Development (Israel) Risk Analysis And Volatility Evaluation

EMDV -- Israel Stock  

ILS 2,338  9.00  0.39%

Macroaxis considers Emilia Development to be not too risky. Emilia Development secures Sharpe Ratio (or Efficiency) of -0.084 which denotes Emilia Development had -0.084% of return per unit of risk over the last 2 months. Macroaxis philosophy towards predicting risk of any stock is to look at both systematic and un-systematic factors of the business, including all available market data and technical indicators. Emilia Development Ltd exposes twenty-one different technical indicators which can help you to evaluate volatility that cannot be diversified away. Please be advised to confirm Emilia Development Coefficient Of Variation of (4,293) and Mean Deviation of 1.27 to check risk estimate we provide.
Horizon     30 Days    Login   to change

Emilia Development Market Sensitivity

As returns on market increase, Emilia Development returns are expected to increase less than the market. However during bear market, the loss on holding Emilia Development will be expected to be smaller as well.
2 Months Beta |Analyze Emilia Development Demand Trend
Check current 30 days Emilia Development correlation with market (DOW)
β = 0.4985

Emilia Development Central Daily Price Deviation

Emilia Development Technical Analysis

Transformation
The output start index for this execution was zero with a total number of output elements of thirty-nine. Emilia Development Average Price is the average of the sum of open, high, low and close daily prices of a bar. It can be used to smooth an indicator that normally takes just the closing price as input. View also all equity analysis or get more info about average price price transform indicator.

Emilia Development Projected Return Density Against Market

Assuming 30 trading days horizon, Emilia Development has beta of 0.4985 suggesting as returns on market go up, Emilia Development average returns are expected to increase less than the benchmark. However during bear market, the loss on holding Emilia Development Ltd will be expected to be much smaller as well. Moreover, Emilia Development Ltd has an alpha of 0.0188 implying that it can potentially generate 0.0188% 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 Emilia Development is -1190.12. The daily returns are destributed with a variance of 6.87 and standard deviation of 2.62. The mean deviation of Emilia Development Ltd is currently at 1.42. For similar time horizon, the selected benchmark (DOW) has volatility of 1.38
α
Alpha over DOW
=0.0188
β
Beta against DOW=0.50
σ
Overall volatility
=2.62
Ir
Information ratio =0.0441

Emilia Development Return Volatility

Emilia Development Ltd accepts 2.6218% volatility on return distribution over the 30 days horizon. DOW inherits 1.3105% risk (volatility on return distribution) over the 30 days horizon.
 Performance (%) 
      Timeline 

Market Risk Breakdown

Emilia Development Volatility Factors

60 Days Market Risk

Not too risky

Chance of Distress in 24 months

Below average

60 Days Economic Sensitivity

Slowly supersedes market

Investment Outlook

Emilia Development Investment Opportunity

Emilia Development Ltd has a volatility of 2.62 and is 2.0 times more volatile than DOW. 23% of all equities and portfolios are less risky than Emilia Development. Compared to the overall equity markets, volatility of historical daily returns of Emilia Development Ltd is lower than 23 (%) of all global equities and portfolios over the last 30 days. Use Emilia Development Ltd to enhance returns of your portfolios. The stock experiences normal upward fluctuation. Check odds of Emilia Development to be traded at S2454.9 in 30 days. As returns on market increase, Emilia Development returns are expected to increase less than the market. However during bear market, the loss on holding Emilia Development will be expected to be smaller as well.

Emilia Development correlation with market

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

Emilia Development Volatility Indicators

Emilia Development Ltd Current Risk Indicators

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