PSGGL 23 (Israel) Risk Analysis And Volatility Evaluation

PSGGL-23 -- Israel ETF  

ILS 262.69  0.07  0.0267%

Our approach towards 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 PSGGL-23 which you can use to evaluate future volatility of the etf. Please check PSGGL-23 Risk Adjusted Performance of 0.58 to confirm if risk estimate we provide are consistent with the epected return of 0.0%.
Horizon     30 Days    Login   to change

PSGGL 23 Market Sensitivity

As returns on market increase, returns on owning PSGGL 23 are expected to decrease at a much smaller rate. During bear market, PSGGL 23 is likely to outperform the market.
One Month Beta |Analyze PSGGL-23 Demand Trend
Check current 30 days PSGGL 23 correlation with market (DOW)
β = -5.0E-4
PSGGL 23 Almost negative betaPSGGL-23 Beta Legend

PSGGL-23 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.

PSGGL 23 Projected Return Density Against Market

Assuming 30 trading days horizon, PSGGL-23 has beta of -5.0E-4 . This implies as returns on benchmark increase, returns on holding PSGGL 23 are expected to decrease at a much smaller rate. During bear market, however, PSGGL-23 is likely to outperform the market. Additionally, PSGGL-23 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 
α
Alpha over DOW
=0.01
β
Beta against DOW=0.0005
σ
Overall volatility
=0.00
Ir
Information ratio =2.93

PSGGL 23 Return Volatility

PSGGL-23 accepts 0.0% 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 

Did you try this?

Run Fundamental Analysis Now

   

Fundamental Analysis

View fundamental data based on most recent published financial statements
All  Next Launch Fundamental Analysis

Investment Outlook

PSGGL 23 Investment Opportunity

DOW has a standard deviation of returns of 1.06 and is 9.223372036854776E16 times more volatile than PSGGL-23. 0% of all equities and portfolios are less risky than PSGGL 23. Compared to the overall equity markets, volatility of historical daily returns of PSGGL-23 is lower than 0 (%) of all global equities and portfolios over the last 30 days. Use PSGGL-23 to enhance returns of your portfolios. The etf experiences normal upward fluctuation. Check odds of PSGGL 23 to be traded at S275.82 in 30 days. As returns on market increase, returns on owning PSGGL 23 are expected to decrease at a much smaller rate. During bear market, PSGGL 23 is likely to outperform the market.

PSGGL 23 correlation with market

Good diversification
Overlapping area represents the amount of risk that can be diversified away by holding PSGGL-23 and equity matching DJI index in the same portfolio.

PSGGL 23 Volatility Indicators

PSGGL-23 Current Risk Indicators

Additionally take a look at Your Equity Center. Please also try Commodity Channel Index module to use commodity channel index to analyze current equity momentum.
Search macroaxis.com