Engel Resources (Israel) Risk Analysis And Volatility Evaluation

ENRS -- Israel Stock  

ILS 1,860  4.00  0.22%

Our philosophy towards predicting volatility of a stock is to use all available market data together with stock specific technical indicators that cannot be diversified away. We have found twenty-one technical indicators for Engel Resources and Development Ltd which you can use to evaluate future volatility of the firm. Please confirm Engel Resources and to check if risk estimate we provide are consistent with the epected return of 0.0%.
Horizon     30 Days    Login   to change

Engel Resources and Technical Analysis

Transformation
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Engel Resources Projected Return Density Against Market

Assuming 30 trading days horizon, Engel Resources has beta of 0.0 suggesting unless we do not have required data, the returns on DOW and Engel Resources are completely uncorrelated. Furthermore, Engel Resources and Development LtdIt does not look like Engel Resources alpha can have any bearing on the equity current valuation.
 Predicted Return Density 
      Returns 
α
Alpha over DOW
=0.00
β
Beta against DOW=0.00
σ
Overall volatility
=0.00
Ir
Information ratio =0.00

Engel Resources Return Volatility

Engel Resources and Development Ltd accepts 0.0% volatility on return distribution over the 30 days horizon. DOW inherits 1.0618% risk (volatility on return distribution) over the 30 days horizon.
 Performance (%) 
      Timeline 

Market Risk Breakdown

Engel Resources Volatility Factors

30 Days Market Risk

Unknown risk

Chance of Distress in 24 months

Unknown Distress

30 Days Economic Sensitivity

Insignificant

Investment Outlook

Engel Resources Investment Opportunity

DOW has a standard deviation of returns of 1.06 and is 9.223372036854776E16 times more volatile than Engel Resources and Development Ltd. 0% of all equities and portfolios are less risky than Engel Resources. Compared to the overall equity markets, volatility of historical daily returns of Engel Resources and Development Ltd is lower than 0 (%) of all global equities and portfolios over the last 30 days.

Engel Resources Volatility Indicators

Engel Resources and Development Ltd Current Risk Indicators

Additionally see Investing Opportunities. Please also try Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.
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