MBNK 18 (Israel) Risk Analysis And Volatility Evaluation

MBNK-18 -- Israel ETF  

ILS 13,680  260.00  1.87%

Our way of estimating volatility of an etf is to use all available market data together with etf specific technical indicators that cannot be diversified away. We have found twenty-one technical indicators for MBNK 18 which you can use to evaluate future volatility of the entity. Please verify MBNK-18 Market Risk Adjusted Performance of 4.92 and Mean Deviation of 0.7784 to check out if risk estimate we provide are consistent with the epected return of 0.0%.
Horizon     30 Days    Login   to change

MBNK 18 Market Sensitivity

As returns on market increase, returns on owning MBNK 18 are expected to decrease at a much smaller rate. During bear market, MBNK 18 is likely to outperform the market.
2 Months Beta |Analyze MBNK-18 Demand Trend
Check current 30 days MBNK 18 correlation with market (DOW)
β = -0.0173

MBNK 18 Central Daily Price Deviation

MBNK-18 Technical Analysis

Transformation
We are not able to run technical analysis function on this symbol. We either do not have that equity or its historical data is not available at this time. Please try again later.

MBNK 18 Projected Return Density Against Market

Assuming 30 trading days horizon, MBNK-18 has beta of -0.0173 indicating as returns on benchmark increase, returns on holding MBNK 18 are expected to decrease at a much smaller rate. During bear market, however, MBNK-18 is likely to outperform the market. Additionally, MBNK-18 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
=0.09
β
Beta against DOW=0.02
σ
Overall volatility
=0.00
Ir
Information ratio =0.08

MBNK 18 Return Volatility

MBNK-18 accepts 0.0% volatility on return distribution over the 30 days horizon. DOW inherits 1.3173% risk (volatility on return distribution) over the 30 days horizon.
 Performance (%) 
      Timeline 

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Investment Outlook

MBNK 18 Investment Opportunity

DOW has a standard deviation of returns of 1.32 and is 9.223372036854776E16 times more volatile than MBNK-18. 0% of all equities and portfolios are less risky than MBNK 18. Compared to the overall equity markets, volatility of historical daily returns of MBNK-18 is lower than 0 (%) of all global equities and portfolios over the last 30 days. Use MBNK-18 to protect against small markets fluctuations. The etf experiences somewhat bearish sentiment, but market may correct it shortly. Check odds of MBNK 18 to be traded at S13269.6 in 30 days. As returns on market increase, returns on owning MBNK 18 are expected to decrease at a much smaller rate. During bear market, MBNK 18 is likely to outperform the market.

MBNK 18 correlation with market

correlation synergy
Good diversification
Overlapping area represents the amount of risk that can be diversified away by holding MBNK-18 and equity matching DJI index in the same portfolio.

MBNK 18 Volatility Indicators

MBNK-18 Current Risk Indicators

Please see also Stocks Correlation. Please also try Money Managers module to screen money managers from public funds and etfs managed around the world.
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