Space Communication (Israel) Risk Analysis And Volatility

SCC -- Israel Stock  

ILS 902.00  1.40  0.16%

Space Communication is unknown risk given 2 months investment horizon. Space Communication owns Efficiency Ratio (i.e. Sharpe Ratio) of 0.2992 which indicates the firm had 0.2992% of return per unit of risk over the last 2 months. Our philosophy towards measuring volatility of a stock is to use Space Communication market data together with company specific technical indicators. We found twenty-one different technical indicators which can help you to evaluate if expected returns of 4.8361% are justified by taking the suggested risk. Use Space Communication Risk Adjusted Performance of (0.017618) and Coefficient Of Variation of (2,433) to evaluate company specific risk that cannot be diversified away.

60 Days Market Risk

Unknown risk

Chance of Distress in 24 months

Unknown Distress

60 Days Economic Sensitivity

Insignificant
Horizon     30 Days    Login   to change

Space Communication Market Sensitivity

As returns on market increase, returns on owning Space Communication are expected to decrease at a much smaller rate. During bear market, Space Communication is likely to outperform the market.
2 Months Beta |Analyze Space Communication Demand Trend
Check current 30 days Space Communication correlation with market (DOW)
β = -0.5661

Space Communication Central Daily Price Deviation

Space Communication Technical Analysis

Transformation
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Space Communication Projected Return Density Against Market

Assuming 30 trading days horizon, Space Communication Ltd has beta of -0.5661 . This entails as returns on benchmark increase, returns on holding Space Communication are expected to decrease at a much smaller rate. During bear market, however, Space Communication Ltd is likely to outperform the market. Additionally, The company has a negative alpha implying that the risk taken by holding this equity is not justified. Space Communication is significantly underperforming DOW.
 Predicted Return Density 
      Returns 
Assuming 30 trading days horizon, the coefficient of variation of Space Communication is 334.25. The daily returns are destributed with a variance of 261.3 and standard deviation of 16.16. The mean deviation of Space Communication Ltd is currently at 12.43. For similar time horizon, the selected benchmark (DOW) has volatility of 0.65
α
Alpha over DOW
=0.34
β
Beta against DOW=0.57
σ
Overall volatility
=16.16
Ir
Information ratio =0.05

Space Communication Return Volatility

the company assumes 16.1648% volatility of returns over the 30 days investment horizon. the entity inherits 0.5908% risk (volatility on return distribution) over the 30 days horizon.
 Performance (%) 
      Timeline 

Space Communication Investment Opportunity

Space Communication Ltd has a volatility of 16.16 and is 27.39 times more volatile than DOW. 96% of all equities and portfolios are less risky than Space Communication. Compared to the overall equity markets, volatility of historical daily returns of Space Communication Ltd is higher than 96 (%) of all global equities and portfolios over the last 30 days. Use Space Communication Ltd to enhance returns of your portfolios. The stock experiences normal upward fluctuation. Check odds of Space Communication to be traded at S947.1 in 30 days. . As returns on market increase, returns on owning Space Communication are expected to decrease at a much smaller rate. During bear market, Space Communication is likely to outperform the market.

Space Communication correlation with market

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

Space Communication Current Risk Indicators

Space Communication Suggested Diversification Pairs

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