Oil Refineries (Israel) Performance

ORL -- Israel Stock  

ILS 177.00  1.50  0.84%

The organization holds Beta of -0.372 which implies as returns on market increase, returns on owning Oil Refineries are expected to decrease at a much smaller rate. During bear market, Oil Refineries is likely to outperform the market. Even though it is essential to pay attention to Oil Refineries current trending patterns, it is always good to be careful when utilizing equity existing price patterns. Macroaxis philosophy towards forecasting 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. Oil Refineries exposes twenty-one different technical indicators which can help you to evaluate its performance. Oil Refineries has expected return of -0.049%. Please be advised to check Oil Refineries Jensen Alpha as well as the relationship between Potential Upside and Skewness to decide if Oil Refineries past performance will be repeated at some point in the near future.

Risk-Adjusted Performance

Over the last 30 days Oil Refineries Ltd has generated negative risk-adjusted returns adding no value to investors with long positions. Despite somewhat strong basic indicators, Oil Refineries is not utilizing all of its potentials. The current stock price disturbance, may contribute to short term losses for the investors.
Quick Ratio0.78
Fifty Two Week Low145.10
Target High Price0.53
Fifty Two Week High198.10
Payout Ratio24.25%
Trailing Annual Dividend Yield0.01%
Target Low Price0.50
Horizon     30 Days    Login   to change

Oil Refineries Relative Risk vs. Return Landscape

If you would invest  18,010  in Oil Refineries Ltd on April 22, 2019 and sell it today you would lose (310.00)  from holding Oil Refineries Ltd or give up 1.72% of portfolio value over 30 days. Oil Refineries Ltd is producing return of less than zero assuming 1.3584% volatility of returns over the 30 days investment horizon. Simply put, 12% of all equities have less volatile historical return distribution than Oil Refineries 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, Oil Refineries is expected to under-perform the market. In addition to that, the company is 2.08 times more volatile than its market benchmark. It trades about -0.04 of its total potential returns per unit of risk. The DOW is currently generating roughly 0.04 per unit of volatility.

Oil Refineries Market Risk Analysis

Sharpe Ratio = -0.0361
Good Returns
Average Returns
Small Returns
Negative ReturnsORL

Oil Refineries Relative Performance Indicators

Estimated Market Risk
  actual daily
 12 %
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 Oil Refineries 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 Oil Refineries by adding it to a well-diversified portfolio.

Oil Refineries Alerts

Equity Alerts and Improvement Suggestions

Oil Refineries generates negative expected return over the last 30 days
Oil Refineries has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations
Additionally take a look at Your Equity Center. Please also try Bollinger Bands module to use bollinger bands indicator to analyze target price for a given investing horizon.
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