P C (Israel) Risk Analysis And Volatility Evaluation

PCBT -- Israel Stock  

ILS 499.20  15.60  3.03%

Macroaxis considers P C to be unknown risk. P C B retains Efficiency (Sharpe Ratio) of -0.2892 which implies P C B had -0.2892% of return per unit of risk over the last 1 month. Macroaxis approach into forecasting risk of any stock is to look at both systematic and un-systematic factors of the business, including all available market data and technical indicators. P C exposes twenty-one different technical indicators which can help you to evaluate volatility that cannot be diversified away. Please be advised to check P C B Technologies Ltd Semi Deviation of 0.4249 and Market Risk Adjusted Performance of 0.85 to confirm risk estimate we provide.
Horizon     30 Days    Login   to change

P C Market Sensitivity

As returns on market increase, returns on owning P C are expected to decrease at a much smaller rate. During bear market, P C is likely to outperform the market.
One Month Beta |Analyze P C B Demand Trend
Check current 30 days P C correlation with market (DOW)
β = -0.2228
P C Almost negative betaP C B Beta Legend

P C B Technical Analysis

Transformation
We are not able to run technical analysis function on this symbol. We either do not have that equity or its historical data is not available at this time. Please try again later.

P C Projected Return Density Against Market

Assuming 30 trading days horizon, P C B Technologies Ltd has beta of -0.2228 . This implies as returns on benchmark increase, returns on holding P C are expected to decrease at a much smaller rate. During bear market, however, P C B Technologies Ltd is likely to outperform the market. Moreover, P C B Technologies Ltd has an alpha of 0.1538 implying that it can potentially generate 0.1538% excess return over DOW after adjusting for the inherited market risk (beta).
 Predicted Return Density 
      Returns 
Assuming 30 trading days horizon, the coefficient of variation of P C is -345.73. The daily returns are destributed with a variance of 0.85 and standard deviation of 0.92. The mean deviation of P C B Technologies Ltd is currently at 0.75. For similar time horizon, the selected benchmark (DOW) has volatility of 1.09
α
Alpha over DOW
=0.15
β
Beta against DOW=0.22
σ
Overall volatility
=0.92
Ir
Information ratio =0.25

P C Return Volatility

P C B Technologies Ltd accepts 0.9215% volatility on return distribution over the 30 days horizon. DOW inherits 1.0635% risk (volatility on return distribution) over the 30 days horizon.
 Performance (%) 
      Timeline 

Market Risk Breakdown

P C Volatility Factors

30 Days Market Risk

Unknown risk

Chance of Distress in 24 months

Unknown Distress

30 Days Economic Sensitivity

Insignificant

Investment Outlook

P C Investment Opportunity

DOW has a standard deviation of returns of 1.06 and is 1.15 times more volatile than P C B Technologies Ltd. 8% of all equities and portfolios are less risky than P C. Compared to the overall equity markets, volatility of historical daily returns of P C B Technologies Ltd is lower than 8 (%) of all global equities and portfolios over the last 30 days. Use P C B Technologies Ltd to protect against small markets fluctuations. The stock experiences unexpected downward movement. The market is reacting to new fundamentals. Check odds of P C to be traded at S479.23 in 30 days. As returns on market increase, returns on owning P C are expected to decrease at a much smaller rate. During bear market, P C is likely to outperform the market.

P C correlation with market

Good diversification
Overlapping area represents the amount of risk that can be diversified away by holding P C B Technologies Ltd and equity matching DJI index in the same portfolio.

P C Volatility Indicators

P C B Technologies Ltd Current Risk Indicators

Additionally take a look at Your Equity Center. Please also try Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.
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