TCSP 112 (Israel) Risk Analysis And Volatility Evaluation

TCSP-112 -- Israel ETF  

ILS 134.20  1.30  0.98%

Our approach into measuring 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 TCSP-112 which you can use to evaluate future volatility of the entity. Please validate TCSP 112 Risk Adjusted Performance of 0.004214 and Market Risk Adjusted Performance of 0.3418 to confirm if risk estimate we provide are consistent with the epected return of 0.0%.
Horizon     30 Days    Login   to change

TCSP 112 Market Sensitivity

As returns on market increase, returns on owning TCSP 112 are expected to decrease at a much smaller rate. During bear market, TCSP 112 is likely to outperform the market.
One Month Beta |Analyze TCSP-112 Demand Trend
Check current 30 days TCSP 112 correlation with market (DOW)
β = -0.0247
TCSP 112 Almost negative betaTCSP-112 Beta Legend

TCSP-112 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.

TCSP 112 Projected Return Density Against Market

Assuming 30 trading days horizon, TCSP-112 has beta of -0.0247 . This entails as returns on benchmark increase, returns on holding TCSP 112 are expected to decrease at a much smaller rate. During bear market, however, TCSP-112 is likely to outperform the market. Additionally, TCSP-112 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
=0.01
β
Beta against DOW=0.02
σ
Overall volatility
=0.00
Ir
Information ratio =0.15

TCSP 112 Return Volatility

TCSP-112 accepts 0.0% volatility on return distribution over the 30 days horizon. DOW inherits 1.0678% risk (volatility on return distribution) over the 30 days horizon.
 Performance (%) 
      Timeline 

Did you try this?

Run Commodity Channel Index Now

   

Commodity Channel Index

Use Commodity Channel Index to analyze current equity momentum
All  Next Launch Commodity Channel Index

Investment Outlook

TCSP 112 Investment Opportunity

DOW has a standard deviation of returns of 1.07 and is 9.223372036854776E16 times more volatile than TCSP-112. 0% of all equities and portfolios are less risky than TCSP 112. Compared to the overall equity markets, volatility of historical daily returns of TCSP-112 is lower than 0 (%) of all global equities and portfolios over the last 30 days. Use TCSP-112 to enhance returns of your portfolios. The etf experiences moderate upward volatility. Check odds of TCSP 112 to be traded at S147.62 in 30 days. As returns on market increase, returns on owning TCSP 112 are expected to decrease at a much smaller rate. During bear market, TCSP 112 is likely to outperform the market.

TCSP 112 correlation with market

Good diversification
Overlapping area represents the amount of risk that can be diversified away by holding TCSP-112 and equity matching DJI index in the same portfolio.

TCSP 112 Volatility Indicators

TCSP-112 Current Risk Indicators

Also please take a look at World Market Map. Please also try Efficient Frontier module to plot and analyze your portfolio and positions against risk-return landscape of the market..
Search macroaxis.com