MNGLN 42 (Israel) Risk Analysis And Volatility Evaluation

MNGLN-42 -- Israel ETF  

ILS 275.18  0.00  0.00%

Our philosophy in 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 MNGLN 42 which you can use to evaluate future volatility of the organization. Please verify MNGLN-42 to check out if risk estimate we provide are consistent with the epected return of 0.0%.
Horizon     30 Days    Login   to change

MNGLN-42 Technical Analysis

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MNGLN 42 Projected Return Density Against Market

Assuming 30 trading days horizon, MNGLN 42 has beta of 0.0 indicating unless we do not have required data, the returns on DOW and MNGLN 42 are completely uncorrelated. Furthermore, MNGLN-42It does not look like MNGLN 42 alpha can have any bearing on the equity current valuation.
 Predicted Return Density 
Alpha over DOW
Beta against DOW=0.00
Overall volatility
Information ratio =0.00

MNGLN 42 Return Volatility

MNGLN-42 accepts 0.0% volatility on return distribution over the 30 days horizon. DOW inherits 1.3328% risk (volatility on return distribution) over the 30 days horizon.
 Performance (%) 

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Analyst Recommendations

Analyst recommendations and target price estimates broken down by several categories
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Investment Outlook

MNGLN 42 Investment Opportunity

DOW has a standard deviation of returns of 1.33 and is 9.223372036854776E16 times more volatile than MNGLN-42. 0% of all equities and portfolios are less risky than MNGLN 42. Compared to the overall equity markets, volatility of historical daily returns of MNGLN-42 is lower than 0 (%) of all global equities and portfolios over the last 30 days.

MNGLN 42 Volatility Indicators

MNGLN-42 Current Risk Indicators

Please see also Stocks Correlation. Please also try Money Flow Index module to determine momentum by analyzing money flow index and other technical indicators.