P9010 28 (Israel) Risk Analysis And Volatility Evaluation

P9010-28 -- Israel ETF  

ILS 12,345  51.00  0.41%

Our way in which we are forecasting volatility of an etf is to use all available market data together with etf specific technical indicators that cannot be diversified away. We have found twenty-one technical indicators for P9010 28 which you can use to evaluate future volatility of the entity. Please check P9010-28 Standard Deviation of 0.3196 and Market Risk Adjusted Performance of (0.45) to confirm if risk estimate we provide are consistent with the epected return of 0.0%.
Horizon     30 Days    Login   to change

P9010 28 Market Sensitivity

As returns on market increase, returns on owning P9010 28 are expected to decrease at a much smaller rate. During bear market, P9010 28 is likely to outperform the market.
2 Months Beta |Analyze P9010-28 Demand Trend
Check current 30 days P9010 28 correlation with market (DOW)
β = -0.0359

P9010 28 Central Daily Price Deviation

P9010-28 Technical Analysis

Transformation
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P9010 28 Projected Return Density Against Market

Assuming 30 trading days horizon, P9010-28 has beta of -0.0359 . This implies as returns on benchmark increase, returns on holding P9010 28 are expected to decrease at a much smaller rate. During bear market, however, P9010-28 is likely to outperform the market. Moreover, P9010-28 has an alpha of 0.0122 implying that it can potentially generate 0.0122% excess return over DOW after adjusting for the inherited market risk (beta).
 Predicted Return Density 
      Returns 
α
Alpha over DOW
=0.0122
β
Beta against DOW=0.04
σ
Overall volatility
=0.00
Ir
Information ratio =0.41

P9010 28 Return Volatility

P9010-28 accepts 0.0% volatility on return distribution over the 30 days horizon. DOW inherits 1.2829% risk (volatility on return distribution) over the 30 days horizon.
 Performance (%) 
      Timeline 

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Investment Outlook

P9010 28 Investment Opportunity

DOW has a standard deviation of returns of 1.28 and is 9.223372036854776E16 times more volatile than P9010-28. 0% of all equities and portfolios are less risky than P9010 28. Compared to the overall equity markets, volatility of historical daily returns of P9010-28 is lower than 0 (%) of all global equities and portfolios over the last 30 days. Use P9010-28 to enhance returns of your portfolios. The etf experiences normal upward fluctuation. Check odds of P9010 28 to be traded at S12962.25 in 30 days. As returns on market increase, returns on owning P9010 28 are expected to decrease at a much smaller rate. During bear market, P9010 28 is likely to outperform the market.

P9010 28 correlation with market

correlation synergy
Good diversification
Overlapping area represents the amount of risk that can be diversified away by holding P9010-28 and equity matching DJI index in the same portfolio.

P9010 28 Volatility Indicators

P9010-28 Current Risk Indicators

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