New Horizon (Israel) Performance

NERZ -- Israel Stock  

ILS 527.20  19.00  3.48%

New Horizon holds performance score of 17 on a scale of zero to a hundred. The company secures Beta (Market Risk) of 0.0 which conveys that the returns on MARKET and New Horizon are completely uncorrelated. Although it is vital to follow to New Horizon Group price patterns, it is good to be conservative about what you can actually do with the information regarding equity historical price patterns. Macroaxis philosophy towards estimating future performance of any stock is to look not only at its past charts but also at the business as a whole, including all fundamental and technical indicators. To evaluate if New Horizon expected return of 1.0352 will be sustainable into the future, we have found twenty-one different technical indicators which can help you to check if the expected returns are sustainable. Use New Horizon Group Treynor Ratio, Value At Risk, Downside Variance, as well as the relationship between Maximum Drawdown and Potential Upside to analyze future returns on New Horizon Group.
Horizon     30 Days    Login   to change

New Horizon Group Relative Risk vs. Return Landscape

If you would invest  45,190  in New Horizon Group Ltd on September 17, 2018 and sell it today you would earn a total of  7,530  from holding New Horizon Group Ltd or generate 16.66% return on investment over 30 days. New Horizon Group Ltd is generating 1.0352% of daily returns and assumes 3.9758% volatility on return distribution over the 30 days horizon. Simply put, 35% of equities are less volatile than New Horizon Group Ltd and 81% of equity instruments are likely to generate higher returns than the company over the next 30 trading days.
 Daily Expected Return (%) 
      Risk (%) 
Assuming 30 trading days horizon, New Horizon Group Ltd is expected to generate 3.76 times more return on investment than the market. However, the company is 3.76 times more volatile than its market benchmark. It trades about 0.26 of its potential returns per unit of risk. The DOW is currently generating roughly -0.05 per unit of risk.

New Horizon Market Risk Analysis

Sharpe Ratio = 0.2604
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New Horizon Relative Performance Indicators

Estimated Market Risk
  actual daily
 64 %
of total potential
Expected Return
  actual daily
 19 %
of total potential
Risk-Adjusted Return
  actual daily
 17 %
of total potential
Based on monthly moving average New Horizon is performing at about 17% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of New Horizon by adding it to a well-diversified portfolio.

New Horizon Performance Rating

New Horizon Group Ltd Risk Adjusted Performance Analysis


Risk-Adjusted Performance

Compared to the overall equity markets, risk-adjusted returns on investments in New Horizon Group Ltd are ranked lower than 17 (%) of all global equities and portfolios over the last 30 days.

New Horizon Alerts

Equity Alerts and Improvement Suggestions

New Horizon Group is not yet fully synchronised with the market data
New Horizon Group appears to be very risky and stock price may revert if volatility continues
Latest headline from 0.36 EPS Expected for First Horizon National Corporation
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