PSSP 183 (Israel) Risk Analysis And Volatility Evaluation

PSSP-183 -- Israel ETF  

ILS 4,611  94.00  2.08%

Our philosophy 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 PSSP-183 which you can use to evaluate future volatility of the etf. Please check PSSP-183 Market Risk Adjusted Performance of 1.04 and Risk Adjusted Performance of 0.09 to confirm if risk estimate we provide are consistent with the epected return of 0.0%.
Horizon     30 Days    Login   to change

PSSP 183 Market Sensitivity

As returns on market increase, PSSP 183 returns are expected to increase less than the market. However during bear market, the loss on holding PSSP 183 will be expected to be smaller as well.
One Month Beta |Analyze PSSP-183 Demand Trend
Check current 30 days PSSP 183 correlation with market (DOW)
β = 0.0943
PSSP 183 Small BetaPSSP-183 Beta Legend

PSSP-183 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.

PSSP 183 Projected Return Density Against Market

Assuming 30 trading days horizon, PSSP 183 has beta of 0.0943 . This implies as returns on market go up, PSSP 183 average returns are expected to increase less than the benchmark. However during bear market, the loss on holding PSSP-183 will be expected to be much smaller as well. Additionally, PSSP-183 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
=0.08
β
Beta against DOW=0.09
σ
Overall volatility
=0.00
Ir
Information ratio =0.0499

PSSP 183 Return Volatility

PSSP-183 accepts 0.0% volatility on return distribution over the 30 days horizon. DOW inherits 1.0479% risk (volatility on return distribution) over the 30 days horizon.
 Performance (%) 
      Timeline 

Did you try this?

Run Companies Directory Now

   

Companies Directory

Evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals
All  Next Launch Companies Directory

Investment Outlook

PSSP 183 Investment Opportunity

DOW has a standard deviation of returns of 1.05 and is 9.223372036854776E16 times more volatile than PSSP-183. 0% of all equities and portfolios are less risky than PSSP 183. Compared to the overall equity markets, volatility of historical daily returns of PSSP-183 is lower than 0 (%) of all global equities and portfolios over the last 30 days. Use PSSP-183 to enhance returns of your portfolios. The etf experiences unexpected upward trend. Watch out for market signals. Check odds of PSSP 183 to be traded at S5533.2 in 30 days. As returns on market increase, PSSP 183 returns are expected to increase less than the market. However during bear market, the loss on holding PSSP 183 will be expected to be smaller as well.

PSSP 183 correlation with market

Average diversification
Overlapping area represents the amount of risk that can be diversified away by holding PSSP-183 and equity matching DJI index in the same portfolio.

PSSP 183 Volatility Indicators

PSSP-183 Current Risk Indicators

Additionally take a look at Your Equity Center. Please also try Equity Search module to search for activelly-traded equities including funds and etfs from over 30 global markets.
Search macroaxis.com