Nano Dimension (Israel) Performance

NNDM -- Israel Stock  

ILS 136.70  2.60  1.94%

Macroaxis gives Nano Dimension performance score of 0 on a scale of 0 to 100. The company secures Beta (Market Risk) of 0.5456 which conveys that as returns on market increase, Nano Dimension returns are expected to increase less than the market. However during bear market, the loss on holding Nano Dimension will be expected to be smaller as well.. Even though it is essential to pay attention to Nano Dimension price patterns, it is always good to be careful when utilizing equity historical price patterns. Macroaxis philosophy towards estimating future performance of any stock is to check both, its past performance charts as well as the business as a whole, including all available technical indicators. Nano Dimension exposes twenty-one different technical indicators which can help you to evaluate its performance. Nano Dimension has expected return of -0.0386%. Please be advised to verify Nano Dimension Ltd Jensen Alpha, Maximum Drawdown and the relationship between Information Ratio and Treynor Ratio to decide if Nano Dimension past performance will be repeated at some point in the near future.
Horizon     30 Days    Login   to change

Nano Dimension Relative Risk vs. Return Landscape

If you would invest  13,790  in Nano Dimension Ltd on November 14, 2018 and sell it today you would lose (120.00)  from holding Nano Dimension Ltd or give up 0.87% of portfolio value over 30 days. Nano Dimension Ltd is generating negative expected returns and assumes 2.254% volatility on return distribution over the 30 days horizon. Simply put, 20% of equities are less volatile than Nano Dimension Ltd and 99% 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 1.77 times more return on investment than the market. However, the company is 1.77 times more volatile than its market benchmark. It trades about -0.02 of its potential returns per unit of risk. The DOW is currently generating roughly -0.07 per unit of risk.

Nano Dimension Market Risk Analysis

Sharpe Ratio = -0.0171
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Nano Dimension Relative Performance Indicators

Estimated Market Risk
  actual daily
 20 %
of total potential
Expected Return
  actual daily
 0 %
of total potential
Risk-Adjusted Return
  actual daily
 0 %
of total potential
Based on monthly moving average Nano Dimension is performing at about 0% 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


Risk-Adjusted Performance

Over the last 30 days Nano Dimension Ltd has generated negative risk-adjusted returns adding no value to investors with long positions.

Nano Dimension Alerts

Equity Alerts and Improvement Suggestions

Nano Dimension is not yet fully synchronised with the market data
Nano Dimension generates negative expected return over the last 30 days
The company reported revenue of 1.37M. Net Loss for the year was (17.67M) with profit before overhead, payroll, taxes, and interest of 1.51M.
Please see also Stocks Correlation. Please also try Aroon Oscillator module to analyze current equity momentum using aroon oscillator and other momentum ratios.