Nano Dimension (Israel) Performance

NNDM -- Israel Stock  

ILS 153.20  0.70  0.45%

On a scale of 0 to 100 Nano Dimension holds performance score of 9. The company secures Beta (Market Risk) of 1.2173 which conveys that as market goes up, the company is expected to significantly outperform it. However, if the market returns are negative, Nano Dimension will likely underperform.. Although it is extremely important to respect Nano Dimension price patterns, it is better to be realistic regarding the information on equity historical price patterns. The philosophy towards estimating future performance of any stock is to evaluate the business as a whole together with its past performance including all available fundamental and technical indicators. By analyzing Nano Dimension technical indicators you can presently evaluate if the expected return of 0.2048% will be sustainable into the future. Please exercises Nano Dimension Ltd Jensen Alpha, Maximum Drawdown and the relationship between Information Ratio and Treynor Ratio to make a quick decision on weather Nano Dimension current price movements will revert.
Horizon     30 Days    Login   to change

Nano Dimension Relative Risk vs. Return Landscape

If you would invest  15,170  in Nano Dimension Ltd on September 15, 2018 and sell it today you would earn a total of  150.00  from holding Nano Dimension Ltd or generate 0.99% return on investment over 30 days. Nano Dimension Ltd is generating 0.2048% of daily returns and assumes 1.3992% volatility on return distribution over the 30 days horizon. Simply put, 12% of equities are less volatile than Nano Dimension Ltd and 97% 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, Nano Dimension Ltd is expected to generate 1.34 times more return on investment than the market. However, the company is 1.34 times more volatile than its market benchmark. It trades about 0.15 of its potential returns per unit of risk. The DOW is currently generating roughly -0.12 per unit of risk.

Nano Dimension Market Risk Analysis

Sharpe Ratio = 0.1463
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Nano Dimension Relative Performance Indicators

Estimated Market Risk
 1.4
  actual daily
 
 88 %
of total potential
  
Expected Return
 0.2
  actual daily
 
 3 %
of total potential
  
Risk-Adjusted Return
 0.15
  actual daily
 
 9 %
of total potential
  
Based on monthly moving average Nano Dimension is performing at about 9% 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 Nano Dimension by adding it to a well-diversified portfolio.

Nano Dimension Performance Rating

Nano Dimension Ltd Risk Adjusted Performance Analysis

9 

Risk-Adjusted Performance

Compared to the overall equity markets, risk-adjusted returns on investments in Nano Dimension Ltd are ranked lower than 9 (%) of all global equities and portfolios over the last 30 days.

Nano Dimension Alerts

Equity Alerts and Improvement Suggestions

Nano Dimension is not yet fully synchronised with the market data
The company reported revenue of 1.37 M. Net Loss for the year was (17.67 M) with profit before overhead, payroll, taxes, and interest of 1.51 M.
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