Ilex Medical (Israel) Risk Analysis And Volatility Evaluation

ILX -- Israel Stock  

ILS 5,278  65.00  1.25%

Macroaxis considers Ilex Medical not too risky given 2 months investment horizon. Ilex Medical holds Efficiency (Sharpe) Ratio of 0.1823 which attests that Ilex Medical had 0.1823% of return per unit of risk over the last 2 months. 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 Ilex Medical which you can use to evaluate future volatility of the corporation. Please utilize Ilex Medical Downside Deviation of 1.04, Market Risk Adjusted Performance of 2.04 and Risk Adjusted Performance of 0.1404 to validate if our risk estimates are consistent with your expectations.
Horizon     30 Days    Login   to change

Ilex Medical Market Sensitivity

As returns on market increase, Ilex Medical returns are expected to increase less than the market. However during bear market, the loss on holding Ilex Medical will be expected to be smaller as well.
2 Months Beta |Analyze Ilex Medical Demand Trend
Check current 30 days Ilex Medical correlation with market (DOW)
β = 0.0452

Ilex Medical Central Daily Price Deviation

Ilex Medical Technical Analysis

Transformation
The output start index for this execution was zero with a total number of output elements of thirty-nine. Ilex Medical Average Price is the average of the sum of open, high, low and close daily prices of a bar. It can be used to smooth an indicator that normally takes just the closing price as input. View also all equity analysis or get more info about average price price transform indicator.

Ilex Medical Projected Return Density Against Market

Assuming 30 trading days horizon, Ilex Medical has beta of 0.0452 . This indicates as returns on market go up, Ilex Medical average returns are expected to increase less than the benchmark. However during bear market, the loss on holding Ilex Medical Ltd will be expected to be much smaller as well. Moreover, Ilex Medical Ltd has an alpha of 0.0992 implying that it can potentially generate 0.0992% excess return over DOW after adjusting for the inherited market risk (beta).
 Predicted Return Density 
      Returns 
Assuming 30 trading days horizon, the coefficient of variation of Ilex Medical is 548.66. The daily returns are destributed with a variance of 1.35 and standard deviation of 1.16. The mean deviation of Ilex Medical Ltd is currently at 0.9. For similar time horizon, the selected benchmark (DOW) has volatility of 1.38
α
Alpha over DOW
=0.1
β
Beta against DOW=0.0452
σ
Overall volatility
=1.16
Ir
Information ratio =0.27

Ilex Medical Return Volatility

Ilex Medical Ltd assumes 1.1609% volatility of returns over the 30 days investment horizon. DOW inherits 1.3105% risk (volatility on return distribution) over the 30 days horizon.
 Performance (%) 
      Timeline 

Market Risk Breakdown

Ilex Medical Volatility Factors

60 Days Market Risk

Not too risky

Chance of Distress in 24 months

Below average

60 Days Economic Sensitivity

Barely shadows market

Investment Outlook

Ilex Medical Investment Opportunity

DOW has a standard deviation of returns of 1.31 and is 1.13 times more volatile than Ilex Medical Ltd. 10% of all equities and portfolios are less risky than Ilex Medical. Compared to the overall equity markets, volatility of historical daily returns of Ilex Medical Ltd is lower than 10 (%) of all global equities and portfolios over the last 30 days. Use Ilex Medical Ltd to enhance returns of your portfolios. The stock experiences large bullish trend. Check odds of Ilex Medical to be traded at S5805.8 in 30 days. As returns on market increase, Ilex Medical returns are expected to increase less than the market. However during bear market, the loss on holding Ilex Medical will be expected to be smaller as well.

Ilex Medical correlation with market

correlation synergy
Significant diversification
Overlapping area represents the amount of risk that can be diversified away by holding Ilex Medical Ltd and equity matching DJI index in the same portfolio.

Ilex Medical Volatility Indicators

Ilex Medical 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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