MEDIGUS (Israel) Risk Analysis And Volatility

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MDGS -- Israel Stock  

ILA 31.30  0.30  0.97%

Macroaxis considers MEDIGUS to be somewhat reliable. MEDIGUS has Sharpe Ratio of -0.0588 which conveys that the firm had -0.0588% of return per unit of risk over the last 3 months. Macroaxis approach towards estimating 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. MEDIGUS exposes twenty-one different technical indicators which can help you to evaluate volatility that cannot be diversified away. Please be advised to verify MEDIGUS Risk Adjusted Performance of (0.012255) and Mean Deviation of 2.06 to check out risk estimate we provide.

90 Days Market Risk

Somewhat reliable

Chance of Distress

Extremely high

90 Days Economic Sensitivity

Barely shadows market
Horizon     30 Days    Login   to change

MEDIGUS Market Sensitivity

As returns on market increase, MEDIGUS returns are expected to increase less than the market. However during bear market, the loss on holding MEDIGUS will be expected to be smaller as well.
3 Months Beta |Analyze MEDIGUS Demand Trend
Check current 30 days MEDIGUS correlation with market (DOW)
β = 0.0644

MEDIGUS Central Daily Price Deviation

MEDIGUS Technical Analysis

Transformation
The output start index for this execution was zero with a total number of output elements of sixty-one. MEDIGUS Typical Price indicator is an average of each day price and can be used instead of closing price when creating different MEDIGUS moving average lines. View also all equity analysis or get more info about typical price price transform indicator.

MEDIGUS Projected Return Density Against Market

Assuming 30 trading days horizon, MEDIGUS has beta of 0.0644 indicating as returns on market go up, MEDIGUS average returns are expected to increase less than the benchmark. However during bear market, the loss on holding MEDIGUS 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. MEDIGUS is significantly underperforming DOW.
 Predicted Return Density 
    
  Returns 
Assuming 30 trading days horizon, the coefficient of variation of MEDIGUS is -1701.22. The daily returns are destributed with a variance of 11.59 and standard deviation of 3.4. The mean deviation of MEDIGUS is currently at 2.5. For similar time horizon, the selected benchmark (DOW) has volatility of 0.47
α
Alpha over DOW
=0.15
β
Beta against DOW=0.06
σ
Overall volatility
=3.40
Ir
Information ratio =0.09

MEDIGUS Return Volatility

the company accepts 3.4038% volatility on return distribution over the 30 days horizon. the entity inherits 0.48% risk (volatility on return distribution) over the 30 days horizon.
 Performance (%) 
    
  Timeline 

MEDIGUS Investment Opportunity

MEDIGUS has a volatility of 3.4 and is 7.08 times more volatile than DOW. 30  of all equities and portfolios are less risky than MEDIGUS. Compared to the overall equity markets, volatility of historical daily returns of MEDIGUS is lower than 30 () of all global equities and portfolios over the last 30 days. Use MEDIGUS to enhance returns of your portfolios. The stock experiences moderate upward volatility. Check odds of MEDIGUS to be traded at 34.43 in 30 days. . As returns on market increase, MEDIGUS returns are expected to increase less than the market. However during bear market, the loss on holding MEDIGUS will be expected to be smaller as well.

MEDIGUS correlation with market

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

MEDIGUS Current Risk Indicators

MEDIGUS Suggested Diversification Pairs

Additionally see Stocks Correlation. Please also try Portfolio Center module to all portfolio management and optimization tools to improve performance of your portfolios.
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