Macroaxis considers I D to be unknown risk. I D I holds Efficiency (Sharpe) Ratio of -0.179 which attests that the company had -0.179% of return per unit of return volatility over the last 2 months. Macroaxis philosophy in determining 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. I D I exposes twenty-one different technical indicators which can help you to evaluate volatility that cannot be diversified away. Please be advised to check out I D to validate risk estimate we provide.
60 Days Market Risk
Chance of Distress in 24 months
60 Days Economic Sensitivity
|Horizon||30 Days Login to change|
I D Market Sensitivity
|As returns on market increase, I D returns are expected to increase less than the market. However during bear market, the loss on holding I D will be expected to be smaller as well. 2 Months Beta |Analyze I D I Demand TrendCheck current 30 days I D correlation with market (DOW)|
β = 0.5395
I D Central Daily Price Deviation
I D I Technical Analysis
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I D Projected Return Density Against MarketAssuming 30 trading days horizon, I D has beta of 0.5395 . This indicates as returns on market go up, I D average returns are expected to increase less than the benchmark. However during bear market, the loss on holding I D I Insurance Company Ltd will be expected to be much smaller as well. Additionally, The company has a negative alpha implying that the risk taken by holding this equity is not justified. I D I is significantly underperforming DOW.
Predicted Return Density
Assuming 30 trading days horizon, the coefficient of variation of I D is -558.54. The daily returns are destributed with a variance of 8.72 and standard deviation of 2.95. The mean deviation of I D I Insurance Company Ltd is currently at 1.76. For similar time horizon, the selected benchmark (DOW) has volatility of 0.64
|Alpha over DOW||=||0.34|
|Beta against DOW||=||0.54|
I D Return Volatilitythe company accepts 2.9524% volatility on return distribution over the 30 days horizon. the entity inherits 0.5832% risk (volatility on return distribution) over the 30 days horizon.
I D Investment Opportunity
I D I Insurance Company Ltd has a volatility of 2.95 and is 5.09 times more volatile than DOW. 26% of all equities and portfolios are less risky than I D. Compared to the overall equity markets, volatility of historical daily returns of I D I Insurance Company Ltd is lower than 26 (%) of all global equities and portfolios over the last 30 days. Use I D I Insurance Company Ltd to protect your portfolios against small markets fluctuations. The stock experiences somewhat bearish sentiment, but market may correct it shortly. Check odds of I D to be traded at S16596.7 in 30 days. . As returns on market increase, I D returns are expected to increase less than the market. However during bear market, the loss on holding I D will be expected to be smaller as well.
I D correlation with market
I D Current Risk Indicators
|Risk Adjusted Performance||(0.07)|
|Market Risk Adjusted Performance||(0.49)|
|Coefficient Of Variation||(819.75)|
I D Suggested Diversification Pairs
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