Pointer Telocation (Israel) Risk Analysis And Volatility

PNTR -- Israel Stock  

ILS 5,610  20.00  0.36%

Macroaxis considers Pointer Telocation unknown risk given 2 months investment horizon. Pointer Telocation maintains Sharpe Ratio (i.e. Efficiency) of 0.2606 which implies the corporation had 0.2606% of return per unit of risk over the last 2 months. Our philosophy towards forecasting volatility of a stock is to use all available market data together with stock specific technical indicators that cannot be diversified away. By analyzing Pointer Telocation technical indicators you can presently evaluate if the expected return of 0.7545% is justified by implied risk. Please employ Pointer Telocation Semi Deviation of 1.53, Risk Adjusted Performance of 0.1385 and Coefficient Of Variation of 500.66 to confirm if our risk estimates are consistent with your expectations.

60 Days Market Risk

Unknown risk

Chance of Distress in 24 months

Unknown Distress

60 Days Economic Sensitivity

Insignificant
Horizon     30 Days    Login   to change

Pointer Telocation Market Sensitivity

As returns on market increase, returns on owning Pointer Telocation are expected to decrease by larger amounts. On the other hand, during market turmoil, Pointer Telocation is expected to significantly outperform it.
2 Months Beta |Analyze Pointer Telocation Demand Trend
Check current 30 days Pointer Telocation correlation with market (DOW)
β = -1.4646

Pointer Telocation Central Daily Price Deviation

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 -1.4646 . This implies as returns on its benchmark rise, returns on holding Pointer Telocation Ltd are expected to decrease by similarly larger amounts. On the other hand, during market turmoils, Pointer Telocation is expected to outperform its benchmark. Moreover, The company has an alpha of 0.6866 implying that it can potentially generate 0.6866% 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 Pointer Telocation is 383.68. The daily returns are destributed with a variance of 8.38 and standard deviation of 2.89. The mean deviation of Pointer Telocation Ltd is currently at 1.97. For similar time horizon, the selected benchmark (DOW) has volatility of 0.65
α
Alpha over DOW
=0.69
β
Beta against DOW=1.46
σ
Overall volatility
=2.90
Ir
Information ratio =0.17

Pointer Telocation Return Volatility

the company accepts 2.895% volatility on return distribution over the 30 days horizon. the entity inherits 0.5908% risk (volatility on return distribution) over the 30 days horizon.
 Performance (%) 
      Timeline 

Pointer Telocation Investment Opportunity

Pointer Telocation Ltd has a volatility of 2.9 and is 4.92 times more volatile than DOW. 25% 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 25 (%) of all global equities and portfolios over the last 30 days. Use Pointer Telocation Ltd to protect your portfolios against small markets fluctuations. The stock experiences normal downward trend and little activity. Check odds of Pointer Telocation to be traded at S5553.9 in 30 days. . As returns on market increase, returns on owning Pointer Telocation are expected to decrease by larger amounts. On the other hand, during market turmoil, Pointer Telocation is expected to significantly outperform it.

Pointer Telocation correlation with market

correlation synergy
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 Current Risk Indicators

Pointer Telocation Suggested Diversification Pairs

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