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 Coefficient Of Variation of 180132.38, Mean Deviation of 0.0588 and Downside Deviation of 0.2356 to check if risk estimate we provide are consistent with the epected return of 0.0%.
Horizon     30 Days    Login   to change

Engel Resources Market Sensitivity

As returns on market increase, returns on owning Engel Resources are expected to decrease at a much smaller rate. During bear market, Engel Resources is likely to outperform the market.
2 Months Beta |Analyze Engel Resources Demand Trend
Check current 30 days Engel Resources correlation with market (DOW)
β = -0.0075

Engel Resources Central Daily Price Deviation

Engel Resources Technical Analysis

Transformation
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Engel Resources Projected Return Density Against Market

Assuming 30 trading days horizon, Engel Resources and Development Ltd has beta of -0.0075 suggesting as returns on benchmark increase, returns on holding Engel Resources are expected to decrease at a much smaller rate. During bear market, however, Engel Resources and Development Ltd is likely to outperform the market. Additionally, Engel Resources and Development Ltd has a negative alpha implying that the risk taken by holding this equity is not justified. The company is significantly underperforming DOW
 Predicted Return Density 
      Returns 
α
Alpha over DOW
=0.01
β
Beta against DOW=0.0075
σ
Overall volatility
=0.00
Ir
Information ratio =1.37

Engel Resources Return Volatility

Engel Resources and Development Ltd accepts 0.0% volatility on return distribution over the 30 days horizon. DOW inherits 1.3082% risk (volatility on return distribution) over the 30 days horizon.
 Performance (%) 
      Timeline 

Market Risk Breakdown

Engel Resources Volatility Factors

60 Days Market Risk

Unknown risk

Chance of Distress in 24 months

Unknown Distress

60 Days Economic Sensitivity

Insignificant

Investment Outlook

Engel Resources Investment Opportunity

DOW has a standard deviation of returns of 1.31 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. Use Engel Resources and Development Ltd to enhance returns of your portfolios. The stock experiences normal upward fluctuation. Check odds of Engel Resources to be traded at S1953.0 in 30 days. As returns on market increase, returns on owning Engel Resources are expected to decrease at a much smaller rate. During bear market, Engel Resources is likely to outperform the market.

Engel Resources correlation with market

correlation synergy
Good diversification
Overlapping area represents the amount of risk that can be diversified away by holding Engel Resources and Developmen and equity matching DJI index in the same portfolio.

Engel Resources Volatility Indicators

Engel Resources and Development Ltd Current Risk Indicators

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