Pointer Telocation (Israel) Risk Analysis And Volatility Evaluation

PNTR -- Israel Stock  

ILS 4,511  58.00  1.27%

Macroaxis considers Pointer Telocation to be unknown risk. Pointer Telocation maintains Sharpe Ratio (i.e. Efficiency) of -0.0703 which implies Pointer Telocation had -0.0703% of return per unit of risk over the last 1 month. Macroaxis philosophy towards 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. Pointer Telocation exposes twenty-one different technical indicators which can help you to evaluate volatility that cannot be diversified away. Please be advised to check Pointer Telocation Coefficient Of Variation of 374.34 and Risk Adjusted Performance of 0.29 to confirm risk estimate we provide.
Horizon     30 Days    Login   to change

Pointer Telocation Market Sensitivity

As returns on market increase, returns on owning Pointer Telocation are expected to decrease at a much smaller rate. During bear market, Pointer Telocation is likely to outperform the market.
One Month Beta |Analyze Pointer Telocation Demand Trend
Check current 30 days Pointer Telocation correlation with market (DOW)
β = -0.5162
Pointer Telocation Almost negative betaPointer Telocation Beta Legend

Pointer Telocation Technical Analysis

Transformation
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Pointer Telocation Projected Return Density Against Market

Assuming 30 trading days horizon, Pointer Telocation Ltd has beta of -0.5162 . This implies as returns on benchmark increase, returns on holding Pointer Telocation are expected to decrease at a much smaller rate. During bear market, however, Pointer Telocation Ltd is likely to outperform the market. Additionally, Pointer Telocation Ltd has a negative alpha implying that the risk taken by holding this equity is not justified. The company is significantly underperforming DOW
 Predicted Return Density 
      Returns 
Assuming 30 trading days horizon, the coefficient of variation of Pointer Telocation is -1421.9. The daily returns are destributed with a variance of 0.79 and standard deviation of 0.89. The mean deviation of Pointer Telocation Ltd is currently at 0.56. For similar time horizon, the selected benchmark (DOW) has volatility of 1.08
α
Alpha over DOW
=0.34
β
Beta against DOW=0.52
σ
Overall volatility
=0.89
Ir
Information ratio =0.22

Pointer Telocation Return Volatility

Pointer Telocation Ltd accepts 0.8892% volatility on return distribution over the 30 days horizon. DOW inherits 1.0565% risk (volatility on return distribution) over the 30 days horizon.
 Performance (%) 
      Timeline 

Market Risk Breakdown

Pointer Telocation Volatility Factors

30 Days Market Risk

Unknown risk

Chance of Distress in 24 months

Unknown Distress

30 Days Economic Sensitivity

Insignificant

Investment Outlook

Pointer Telocation Investment Opportunity

DOW has a standard deviation of returns of 1.06 and is 1.19 times more volatile than Pointer Telocation Ltd. 8% of all equities and portfolios are less risky than Pointer Telocation. Compared to the overall equity markets, volatility of historical daily returns of Pointer Telocation Ltd is lower than 8 (%) of all global equities and portfolios over the last 30 days. Use Pointer Telocation Ltd to protect against small markets fluctuations. The stock experiences somewhat bearish sentiment, but market may correct it shortly. Check odds of Pointer Telocation to be traded at S4375.67 in 30 days. As returns on market increase, returns on owning Pointer Telocation are expected to decrease at a much smaller rate. During bear market, Pointer Telocation is likely to outperform the market.

Pointer Telocation correlation with market

Very good diversification
Overlapping area represents the amount of risk that can be diversified away by holding Pointer Telocation Ltd and equity matching DJI index in the same portfolio.

Pointer Telocation Volatility Indicators

Pointer Telocation Ltd Current Risk Indicators

Additionally take a look at Your Equity Center. Please also try Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.
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