|PTCH -- Israel Stock|| |
ILS 498.40 28.20 5.36%
On a scale of 0 to 100 Israel Petrochemical holds performance score of 2. The company retains Market Volatility (i.e. Beta) of -0.2639 which attests that as returns on market increase, returns on owning Israel Petrochemical are expected to decrease at a much smaller rate. During bear market, Israel Petrochemical is likely to outperform the market. Although it is vital to follow to Israel Petrochemical
current price history, it is good to be conservative about what you can actually do with the information regarding equity current price movements. The philosophy towards determining future performance of any stock is to evaluate the business as a whole together with its past performance including all available fundamental and technical indicators
. By evaluating Israel Petrochemical technical indicators
you can presently evaluate if the expected return of 0.2564% will be sustainable into the future. Please utilizes Israel Petrochemical Maximum Drawdown
, Potential Upside
and the relationship
between Treynor Ratio
and Value At Risk
to make a quick decision on weather Israel Petrochemical Enterprises Ltd current trending patterns will revert.
Compared to the overall equity markets, risk-adjusted returns on investments in Israel Petrochemical Enterprises Ltd are ranked lower than 2 (%) of all global equities and portfolios over the last 30 days. Despite somewhat weak basic indicators, Israel Petrochemical sustained solid returns over the last few months and may actually be approaching a breakup point.
|Fifty Two Week Low||292.00|
|Fifty Two Week High||648.00|
Israel Petrochemical Relative Risk vs. Return Landscape
If you would invest 50,000
in Israel Petrochemical Enterprises Ltd on March 23, 2019
and sell it today you would lose (160.00)
from holding Israel Petrochemical Enterprises Ltd or give up 0.32%
of portfolio value over 30
days. Israel Petrochemical Enterprises Ltd is generating 0.2564% of daily returns and assumes 7.412% volatility on return distribution over the 30 days horizon. Simply put, 66% of equities are less volatile than Israel Petrochemical and 96% of equity instruments are likely to generate higher returns than the company over the next 30 trading days.
Daily Expected Return (%)
Assuming 30 trading days horizon, Israel Petrochemical is expected to generate 12.71 times more return on investment than the market. However, the company is 12.71 times more volatile than its market benchmark. It trades about 0.03 of its potential returns per unit of risk. The DOW is currently generating roughly 0.13 per unit of risk.
Israel Petrochemical Market Risk Analysis
Sharpe Ratio = 0.0346
Israel Petrochemical Relative Performance Indicators
Estimated Market Risk
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Based on monthly moving average Israel Petrochemical is performing at about 2% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Israel Petrochemical
by adding it to a well-diversified