Rimoni Industries (Israel) Risk Analysis And Volatility Evaluation

RIMO -- Israel Stock  

ILS 6,026  0.00  0.00%

We consider Rimoni Industries unknown risk. Rimoni Industries maintains Sharpe Ratio (i.e. Efficiency) of 0.1046 which implies Rimoni Industries had 0.1046% of return per unit of risk over the last 1 month. 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. We have found twenty-one technical indicators for Rimoni Industries which you can use to evaluate future volatility of the company. Please check Rimoni Industries Coefficient Of Variation of 7,695 and Risk Adjusted Performance of 0.012222 to confirm if risk estimate we provide are consistent with the epected return of 0.111%.
Horizon     30 Days    Login   to change

Rimoni Industries Market Sensitivity

As returns on market increase, returns on owning Rimoni Industries are expected to decrease at a much smaller rate. During bear market, Rimoni Industries is likely to outperform the market.
One Month Beta |Analyze Rimoni Industries Demand Trend
Check current 30 days Rimoni Industries correlation with market (DOW)
β = -0.1279
Rimoni Industries Almost negative betaRimoni Industries Beta Legend

Rimoni Industries 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.

Rimoni Industries Projected Return Density Against Market

Assuming 30 trading days horizon, Rimoni Industries Ltd has beta of -0.1279 . This implies as returns on benchmark increase, returns on holding Rimoni Industries are expected to decrease at a much smaller rate. During bear market, however, Rimoni Industries Ltd is likely to outperform the market. Additionally, Rimoni Industries Ltd 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 
Assuming 30 trading days horizon, the coefficient of variation of Rimoni Industries is 956.21. The daily returns are destributed with a variance of 1.13 and standard deviation of 1.06. The mean deviation of Rimoni Industries Ltd is currently at 0.75. For similar time horizon, the selected benchmark (DOW) has volatility of 1.08
α
Alpha over DOW
=0.04
β
Beta against DOW=0.13
σ
Overall volatility
=1.06
Ir
Information ratio =0.0274

Rimoni Industries Return Volatility

Rimoni Industries Ltd accepts 1.0612% 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 

Market Risk Breakdown

Rimoni Industries Volatility Factors

30 Days Market Risk

Unknown risk

Chance of Distress in 24 months

Unknown Distress

30 Days Economic Sensitivity

Insignificant

Investment Outlook

Rimoni Industries Investment Opportunity

Rimoni Industries Ltd has the same returns volatility as DOW considering given time horizon. 9% of all equities and portfolios are less risky than Rimoni Industries. Compared to the overall equity markets, volatility of historical daily returns of Rimoni Industries Ltd is lower than 9 (%) of all global equities and portfolios over the last 30 days. Use Rimoni Industries Ltd to protect against small markets fluctuations. The stock experiences normal downward trend, but the immediate impact on correlations cannot be determined at the moment . Check odds of Rimoni Industries to be traded at S5965.74 in 30 days. As returns on market increase, returns on owning Rimoni Industries are expected to decrease at a much smaller rate. During bear market, Rimoni Industries is likely to outperform the market.

Rimoni Industries correlation with market

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

Rimoni Industries Volatility Indicators

Rimoni Industries Ltd Current Risk Indicators

Additionally take a look at Your Equity Center. Please also try Portfolio Quick Import module to import or update all your transactions via one easy-to-use interface.
Search macroaxis.com