OIL REFINERIES (Israel) Performance

The organization holds Beta of 0.0 which implies the returns on MARKET and OIL REFINERIES are completely uncorrelated. Although it is extremely important to respect OIL REFINERIES LTD current trending patterns, it is better to be realistic regarding the information on equity existing price patterns. The approach towards forecasting 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 inspecting OIL REFINERIES LTD technical indicators you can now evaluate if the expected return of 0.0% will be sustainable into the future. OIL REFINERIES LTD currently holds a risk of 0.0%. Please check OIL REFINERIES LTD Jensen Alpha as well as the relationship between Potential Upside and Skewness to decide if OIL REFINERIES LTD will be following its historical price patterns.

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 Ratio0.84
Fifty Two Week Low164.60
Target High Price0.53
Fifty Two Week High198.10
Trailing Annual Dividend Yield0.01%
Target Low Price0.50
Horizon     30 Days    Login   to change

OIL REFINERIES LTD Relative Risk vs. Return Landscape

If you would invest (100.00)  in OIL REFINERIES LTD on October 21, 2019 and sell it today you would earn a total of  100.00  from holding OIL REFINERIES LTD or generate -100.0% return on investment over 30 days. OIL REFINERIES LTD is producing return of less than zero assuming 0.0% volatility of returns over the 30 days investment horizon. Simply put, 0% 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 (%) 

OIL REFINERIES Market Risk Analysis

Sharpe Ratio = 0.0
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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.


Equity Alerts and Improvement Suggestions

OIL REFINERIES LTD is not yet fully synchronised with the market data
OIL REFINERIES LTD has some characteristics of a very speculative penny stock
OIL REFINERIES LTD has high likelihood to experience some financial distress in the next 2 years
OIL REFINERIES LTD has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations
See also Your Equity Center. Please also try Cryptocurrency Center module to build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency.
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