|Horizon||30 Days Login to change|
Elbit Imaging Market Sensitivity
|As returns on market increase, returns on owning Elbit Imaging are expected to decrease at a much smaller rate. During bear market, Elbit Imaging is likely to outperform the market.One Month Beta |Analyze Elbit Imaging Demand TrendCheck current 30 days Elbit Imaging correlation with market (DOW)|
β = -0.6582
Elbit Imaging Technical Analysis
Elbit Imaging Projected Return Density Against MarketAssuming 30 trading days horizon, Elbit Imaging Ltd has beta of -0.6582 suggesting as returns on benchmark increase, returns on holding Elbit Imaging are expected to decrease at a much smaller rate. During bear market, however, Elbit Imaging Ltd is likely to outperform the market. Additionally, Elbit Imaging Ltd has a negative alpha implying that the risk taken by holding this equity is not justified. The company is significantly underperforming DOW
Elbit Imaging Return VolatilityElbit Imaging Ltd accepts 3.7533% volatility on return distribution over the 30 days horizon. DOW inherits 1.2393% risk (volatility on return distribution) over the 30 days horizon.