ORT (Israel) Volatility

ORTC Stock  ILS 1,500  50.00  3.45%   
ORT maintains Sharpe Ratio (i.e., Efficiency) of -0.0226, which implies the firm had a -0.0226% return per unit of standard deviation over the last 3 months. ORT exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check ORT's Market Risk Adjusted Performance of (0.13), coefficient of variation of (13,741), and Risk Adjusted Performance of 0.0044 to confirm the risk estimate we provide. Key indicators related to ORT's volatility include:
30 Days Market Risk
Chance Of Distress
30 Days Economic Sensitivity
ORT Stock volatility depicts how high the prices fluctuate around the mean (or its average) price. In other words, it is a statistical measure of the distribution of ORT daily returns, and it is calculated using variance and standard deviation. We also use ORT's beta, its sensitivity to the market, as well as its odds of financial distress to provide a more practical estimation of ORT volatility.
  
Since volatility provides investors with entry points to take advantage of stock prices, companies, such as ORT can benefit from it. Downward market volatility can be a perfect environment for investors who play the long game. Here, they may decide to buy additional stocks of ORT at lower prices. For example, an investor can purchase ORT stock that has halved in price over a short period. This will lower your average cost per share, thereby improving your portfolio's performance when the markets normalize. Similarly, when the prices of ORT's stock rises, investors can sell out and invest the proceeds in other equities with better opportunities. Investing when markets are volatile with better valuations will accord both investors and companies the opportunity to generate better long-term returns.

Moving together with ORT Stock

  0.63BEZQ Bezeq Israeli TelecoPairCorr
  0.61BCOM B CommunicationsPairCorr

Moving against ORT Stock

  0.6AZRG Azrieli GroupPairCorr

ORT Market Sensitivity And Downside Risk

ORT's beta coefficient measures the volatility of ORT stock compared to the systematic risk of the entire market represented by your selected benchmark. In mathematical terms, beta represents the slope of the line through a regression of data points where each of these points represents ORT stock's returns against your selected market. In other words, ORT's beta of 0.26 provides an investor with an approximation of how much risk ORT stock can potentially add to one of your existing portfolios. ORT exhibits very low volatility with skewness of -0.03 and kurtosis of -0.02. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure ORT's stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact ORT's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.
3 Months Beta |Analyze ORT Demand Trend
Check current 90 days ORT correlation with market (NYSE Composite)

ORT Beta

    
  0.26  
ORT standard deviation measures the daily dispersion of prices over your selected time horizon relative to its mean. A typical volatile entity has a high standard deviation, while the deviation of a stable instrument is usually low. As a downside, the standard deviation calculates all uncertainty as risk, even when it is in your favor, such as above-average returns.

Standard Deviation

    
  3.52  
It is essential to understand the difference between upside risk (as represented by ORT's standard deviation) and the downside risk, which can be measured by semi-deviation or downside deviation of ORT's daily returns or price. Since the actual investment returns on holding a position in ort stock tend to have a non-normal distribution, there will be different probabilities for losses than for gains. The likelihood of losses is reflected in the downside risk of an investment in ORT.

ORT Stock Volatility Analysis

Volatility refers to the frequency at which ORT stock price increases or decreases within a specified period. These fluctuations usually indicate the level of risk that's associated with ORT's price changes. Investors will then calculate the volatility of ORT's stock to predict their future moves. A stock that has erratic price changes quickly hits new highs, and lows are considered highly volatile. A stock with relatively stable price changes has low volatility. A highly volatile stock is riskier, but the risk cuts both ways. Investing in highly volatile security can either be highly successful, or you may experience significant failure. There are two main types of ORT's volatility:

Historical Volatility

This type of stock volatility measures ORT's fluctuations based on previous trends. It's commonly used to predict ORT's future behavior based on its past. However, it cannot conclusively determine the future direction of the stock.

Implied Volatility

This type of volatility provides a positive outlook on future price fluctuations for ORT's current market price. This means that the stock will return to its initially predicted market price. This type of volatility can be derived from derivative instruments written on ORT's to be redeemed at a future date.
Transformation
The output start index for this execution was zero with a total number of output elements of sixty-one. ORT Average Price is the average of the sum of open, high, low and close daily prices of a bar. It can be used to smooth an indicator that normally takes just the closing price as input.

ORT Projected Return Density Against Market

Assuming the 90 days trading horizon ORT has a beta of 0.262 . This indicates as returns on the market go up, ORT average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding ORT will be expected to be much smaller as well.
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to ORT or Electronic Equipment, Instruments & Components sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that ORT's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a ORT stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
ORT has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming NYSE Composite.
   Predicted Return Density   
       Returns  
ORT's volatility is measured either by using standard deviation or beta. Standard deviation will reflect the average amount of how ort stock's price will differ from the mean after some time.To get its calculation, you should first determine the mean price during the specified period then subtract that from each price point.

What Drives an ORT Price Volatility?

Several factors can influence a stock's market volatility:

Industry

Specific events can influence volatility within a particular industry. For instance, a significant weather upheaval in a crucial oil-production site may cause oil prices to increase in the oil sector. The direct result will be the rise in the stock price of oil distribution companies. Similarly, any government regulation in a specific industry could negatively influence stock prices due to increased regulations on compliance that may impact the company's future earnings and growth.

Political and Economic environment

When governments make significant decisions regarding trade agreements, policies, and legislation regarding specific industries, they will influence stock prices. Everything from speeches to elections may influence investors, who can directly influence the stock prices in any particular industry. The prevailing economic situation also plays a significant role in stock prices. When the economy is doing well, investors will have a positive reaction and hence, better stock prices and vice versa.

The Company's Performance

Sometimes volatility will only affect an individual company. For example, a revolutionary product launch or strong earnings report may attract many investors to purchase the company. This positive attention will raise the company's stock price. In contrast, product recalls and data breaches may negatively influence a company's stock prices.

ORT Stock Risk Measures

Assuming the 90 days trading horizon the coefficient of variation of ORT is -4429.48. The daily returns are distributed with a variance of 12.39 and standard deviation of 3.52. The mean deviation of ORT is currently at 2.54. For similar time horizon, the selected benchmark (NYSE Composite) has volatility of 0.56
α
Alpha over NYSE Composite
-0.07
β
Beta against NYSE Composite0.26
σ
Overall volatility
3.52
Ir
Information ratio -0.05

ORT Stock Return Volatility

ORT historical daily return volatility represents how much of ORT stock's daily returns swing around its mean - it is a statistical measure of its dispersion of returns. The company accepts 3.5201% volatility on return distribution over the 90 days horizon. By contrast, NYSE Composite accepts 0.5731% volatility on return distribution over the 90 days horizon.
 Performance 
       Timeline  

About ORT Volatility

Volatility is a rate at which the price of ORT or any other equity instrument increases or decreases for a given set of returns. It is measured by calculating the standard deviation of the annualized returns over a given period of time and shows the range to which the price of ORT may increase or decrease. In other words, similar to ORT's beta indicator, it measures the risk of ORT and helps estimate the fluctuations that may happen in a short period of time. So if prices of ORT fluctuate rapidly in a short time span, it is termed to have high volatility, and if it swings slowly in a more extended period, it is understood to have low volatility.
Please read more on our technical analysis page.
Technologies Ltd, through its subsidiaries, develops, manufactures, and markets products and services for fuel retail systems. The company was founded in 2000 and is based in Herzliya, Israel. O R is traded on Tel Aviv Stock Exchange in Israel.
ORT's stock volatility refers to the amount of uncertainty or risk involved with the size of changes in its stock's price. It is a statistical measure of the dispersion of returns on ORT Stock over a specified period of time, often expressed as the standard deviation of daily returns. In other words, it measures how much ORT's price varies over time.

3 ways to utilize ORT's volatility to invest better

Higher ORT's stock volatility means that the price of its stock is changing rapidly and unpredictably, while lower stock volatility indicates that the price of ORT stock is relatively stable. Investors and traders use stock volatility as an indicator of risk and potential reward, as stocks with higher volatility can offer the potential for more significant returns but also come with a greater risk of losses. ORT stock volatility can provide helpful information for making investment decisions in the following ways:
  • Measuring Risk: Volatility can be used as a measure of risk, which can help you determine the potential fluctuations in the value of ORT investment. A higher volatility means higher risk and potentially larger changes in value.
  • Identifying Opportunities: High volatility in ORT's stock can indicate that there is potential for significant price movements, either up or down, which could present investment opportunities.
  • Diversification: Understanding how the volatility of ORT's stock relates to your other investments can help you create a well-diversified portfolio of assets with varying levels of risk.
Remember it's essential to remember that stock volatility is just one of many factors to consider when making investment decisions, and it should be used in conjunction with other fundamental and technical analysis tools.

ORT Investment Opportunity

ORT has a volatility of 3.52 and is 6.18 times more volatile than NYSE Composite. 31 percent of all equities and portfolios are less risky than ORT. You can use ORT to enhance the returns of your portfolios. The stock experiences an unexpected upward trend. Watch out for market signals. Check odds of ORT to be traded at S1800.0 in 90 days.

Significant diversification

The correlation between ORT and NYA is 0.04 (i.e., Significant diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding ORT and NYA in the same portfolio, assuming nothing else is changed.

ORT Additional Risk Indicators

The analysis of ORT's secondary risk indicators is one of the essential steps in making a buy or sell decision. The process involves identifying the amount of risk involved in ORT's investment and either accepting that risk or mitigating it. Along with some common measures of ORT stock's risk such as standard deviation, beta, or value at risk, we also provide a set of secondary indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential stocks, we recommend comparing similar stocks with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.

ORT Suggested Diversification Pairs

Pair trading is one of the very effective strategies used by professional day traders and hedge funds capitalizing on short-time and mid-term market inefficiencies. The approach is based on the fact that the ratio of prices of two correlating shares is long-term stable and oscillates around the average value. If the correlation ratio comes outside the common area, you can speculate with a high success rate that the ratio will return to the mean value and collect a profit.
The effect of pair diversification on risk is to reduce it, but we should note this doesn't apply to all risk types. When we trade pairs against ORT as a counterpart, there is always some inherent risk that will never be diversified away no matter what. This volatility limits the effect of tactical diversification using pair trading. ORT's systematic risk is the inherent uncertainty of the entire market, and therefore cannot be mitigated even by pair-trading it against the equity that is not highly correlated to it. On the other hand, ORT's unsystematic risk describes the types of risk that we can protect against, at least to some degree, by selecting a matching pair that is not perfectly correlated to ORT.
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in ORT. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
You can also try the FinTech Suite module to use AI to screen and filter profitable investment opportunities.

Complementary Tools for ORT Stock analysis

When running ORT's price analysis, check to measure ORT's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy ORT is operating at the current time. Most of ORT's value examination focuses on studying past and present price action to predict the probability of ORT's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ORT's price. Additionally, you may evaluate how the addition of ORT to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between ORT's value and its price as these two are different measures arrived at by different means. Investors typically determine if ORT is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ORT's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.