Hiron Trade (Israel) Risk Analysis And Volatility Evaluation

HRON -- Israel Stock  

ILS 140,000  100.00  0.07%

Macroaxis considers Hiron Trade unknown risk given 1 month investment horizon. Hiron Trade Investments holds Efficiency (Sharpe) Ratio of 0.3622 which attests that Hiron Trade Investments had 0.3622% of return per unit of risk over the last 1 month. Our philosophy towards determining 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 Hiron Trade Investments which you can use to evaluate future volatility of the corporation. Please utilize Hiron Trade Market Risk Adjusted Performance of 0.7873 and Risk Adjusted Performance of 0.21 to validate if our risk estimates are consistent with your expectations.
Horizon     30 Days    Login   to change

Hiron Trade Market Sensitivity

As returns on market increase, returns on owning Hiron Trade are expected to decrease at a much smaller rate. During bear market, Hiron Trade is likely to outperform the market.
One Month Beta |Analyze Hiron Trade Investments Demand Trend
Check current 30 days Hiron Trade correlation with market (DOW)
β = -0.3947
Hiron Trade Almost negative betaHiron Trade Investments Beta Legend

Hiron Trade Investments Technical Analysis

Transformation
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Hiron Trade Projected Return Density Against Market

Assuming 30 trading days horizon, Hiron Trade Investments Industrial Buildings Ltd has beta of -0.3947 . This indicates as returns on benchmark increase, returns on holding Hiron Trade are expected to decrease at a much smaller rate. During bear market, however, Hiron Trade Investments Industrial Buildings Ltd is likely to outperform the market. Additionally, Hiron Trade Investments Industrial Buildings 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 
Assuming 30 trading days horizon, the coefficient of variation of Hiron Trade is 276.06. The daily returns are destributed with a variance of 1.48 and standard deviation of 1.22. The mean deviation of Hiron Trade Investments Industrial Buildings Ltd is currently at 0.8. For similar time horizon, the selected benchmark (DOW) has volatility of 1.02
α
Alpha over DOW
=0.37
β
Beta against DOW=0.39
σ
Overall volatility
=1.22
Ir
Information ratio =0.11

Hiron Trade Return Volatility

Hiron Trade Investments Industrial Buildings Ltd accepts 1.2186% volatility on return distribution over the 30 days horizon. DOW inherits 1.0479% risk (volatility on return distribution) over the 30 days horizon.
 Performance (%) 
      Timeline 

Market Risk Breakdown

Hiron Trade Volatility Factors

30 Days Market Risk

Unknown risk

Chance of Distress in 24 months

Unknown Distress

30 Days Economic Sensitivity

Insignificant

Investment Outlook

Hiron Trade Investment Opportunity

Hiron Trade Investments Industrial Buildings Ltd has a volatility of 1.22 and is 1.16 times more volatile than DOW. 11% of all equities and portfolios are less risky than Hiron Trade. Compared to the overall equity markets, volatility of historical daily returns of Hiron Trade Investments Industrial Buildings Ltd is lower than 11 (%) of all global equities and portfolios over the last 30 days. Use Hiron Trade Investments Industrial Buildings Ltd to protect against small markets fluctuations. The stock experiences normal downward trend and little activity. Check odds of Hiron Trade to be traded at S138600.0 in 30 days. As returns on market increase, returns on owning Hiron Trade are expected to decrease at a much smaller rate. During bear market, Hiron Trade is likely to outperform the market.

Hiron Trade correlation with market

Very good diversification
Overlapping area represents the amount of risk that can be diversified away by holding Hiron Trade Investments Indust and equity matching DJI index in the same portfolio.

Hiron Trade Volatility Indicators

Hiron Trade Investments Industrial Buildings Ltd Current Risk Indicators

Please also check Risk vs Return Analysis. Please also try Fundamental Analysis module to view fundamental data based on most recent published financial statements.
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