My Size (Israel) Risk Analysis And Volatility Evaluation

MYSZ -- Israel Stock  

ILS 403.40  3.40  0.85%

Macroaxis considers My Size unknown risk given 2 months investment horizon. My Size retains Efficiency (Sharpe Ratio) of 0.2108 which conveys that My Size had 0.2108% of return per unit of price deviation over the last 2 months. Our philosophy towards estimating volatility of a stock is to use all available market data together with stock specific technical indicators that cannot be diversified away. By analyzing My Size technical indicators you can now evaluate if the expected return of 0.5011% is justified by implied risk. Please exercise My Size Standard Deviation of 6.23, Market Risk Adjusted Performance of (0.38) and Mean Deviation of 3.45 to check out if our risk estimates are consistent with your expectations.
Horizon     30 Days    Login   to change

My Size Market Sensitivity

As returns on market increase, returns on owning My Size are expected to decrease by larger amounts. On the other hand, during market turmoil, My Size is expected to significantly outperform it.
2 Months Beta |Analyze My Size Demand Trend
Check current 30 days My Size correlation with market (DOW)
β = -1.3961

My Size Central Daily Price Deviation

My Size Technical Analysis

Transformation
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My Size Projected Return Density Against Market

Assuming 30 trading days horizon, My Size has beta of -1.3961 indicating as returns on its benchmark rise, returns on holding My Size are expected to decrease by similarly larger amounts. On the other hand, during market turmoils, My Size is expected to outperform its benchmark. Moreover, My Size has an alpha of 0.3124 implying that it can potentially generate 0.3124% 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 My Size is 474.28. The daily returns are destributed with a variance of 5.65 and standard deviation of 2.38. The mean deviation of My Size is currently at 1.81. For similar time horizon, the selected benchmark (DOW) has volatility of 1.38
α
Alpha over DOW
=0.31
β
Beta against DOW=1.4
σ
Overall volatility
=2.38
Ir
Information ratio =0.11

My Size Return Volatility

My Size accepts 2.3768% volatility on return distribution over the 30 days horizon. DOW inherits 1.2959% risk (volatility on return distribution) over the 30 days horizon.
 Performance (%) 
      Timeline 

Market Risk Breakdown

My Size Volatility Factors

60 Days Market Risk

Unknown risk

Chance of Distress in 24 months

Unknown Distress

60 Days Economic Sensitivity

Insignificant

Investment Outlook

My Size Investment Opportunity

My Size has a volatility of 2.38 and is 1.83 times more volatile than DOW. 21% of all equities and portfolios are less risky than My Size. Compared to the overall equity markets, volatility of historical daily returns of My Size is lower than 21 (%) of all global equities and portfolios over the last 30 days. Use My Size to enhance returns of your portfolios. The stock experiences moderate upward volatility. Check odds of My Size to be traded at S443.74 in 30 days. As returns on market increase, returns on owning My Size are expected to decrease by larger amounts. On the other hand, during market turmoil, My Size is expected to significantly outperform it.

My Size correlation with market

correlation synergy
Very good diversification
Overlapping area represents the amount of risk that can be diversified away by holding My Size Inc and equity matching DJI index in the same portfolio.
Please see also Stocks Correlation. Please also try My Watchlist Analysis module to analyze my current watchlist and to refresh optimization strategy. macroaxis watchlist is based on self-learning algorithm to remember stocks you like.
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