Paz Oil (Israel) Risk Analysis And Volatility Evaluation

PZOL -- Israel Stock  

ILS 55,500  600.00  1.09%

Macroaxis considers Paz Oil to be not too risky. Paz Oil maintains Sharpe Ratio (i.e. Efficiency) of -0.267 which implies Paz Oil had -0.267% 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. Paz Oil exposes twenty-one different technical indicators which can help you to evaluate volatility that cannot be diversified away. Please be advised to check Paz Oil Coefficient Of Variation of 753.12 and Risk Adjusted Performance of 0.01 to confirm risk estimate we provide.
Horizon     30 Days    Login   to change

Paz Oil Technical Analysis

Transformation
null. The output start index for this execution was zero with a total number of output elements of zero. Paz Oil Average Price is the average of the sum of open, high, low and close daily prices of a bar. It can be used to smooth an indicator that normally takes just the closing price as input. View also all equity analysis or get more info about average price price transform indicator.

Paz Oil Projected Return Density Against Market

Assuming 30 trading days horizon, Paz Oil has beta of 0.0 . This implies unless we do not have required data, the returns on DOW and Paz Oil are completely uncorrelated. Furthermore, Paz Oil Company LtdIt does not look like Paz Oil alpha can have any bearing on the equity current valuation.
Assuming 30 trading days horizon, the coefficient of variation of Paz Oil is -374.59. The daily returns are destributed with a variance of 0.85 and standard deviation of 0.92. The mean deviation of Paz Oil Company Ltd is currently at 0.76. For similar time horizon, the selected benchmark (DOW) has volatility of 0.0
α
Alpha over DOW
=0.00
β
Beta against DOW=0.00
σ
Overall volatility
=0.92
Ir
Information ratio =0.00

Paz Oil Return Volatility

Paz Oil Company Ltd accepts 0.9243% volatility on return distribution over the 30 days horizon. DOW inherits 0.0% risk (volatility on return distribution) over the 30 days horizon.
 Performance (%) 
      Timeline 

Market Risk Breakdown

Paz Oil Volatility Factors

30 Days Market Risk

Not too risky

Chance of Distress in 24 months

Below average

30 Days Economic Sensitivity

Ignores market trends

Investment Outlook

Paz Oil Investment Opportunity

DOW has a standard deviation of returns of 1.06 and is 1.15 times more volatile than Paz Oil Company Ltd. 8% of all equities and portfolios are less risky than Paz Oil. Compared to the overall equity markets, volatility of historical daily returns of Paz Oil Company Ltd is lower than 8 (%) of all global equities and portfolios over the last 30 days.

Paz Oil Volatility Indicators

Paz Oil Company Ltd Current Risk Indicators

Additionally take a look at Your Equity Center. Please also try Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.
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