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 0.0726 and Market Risk Adjusted Performance of 0.5667 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, TCSP 112 returns are expected to increase less than the market. However during bear market, the loss on holding TCSP 112 will be expected to be smaller as well.
2 Months Beta |Analyze TCSP-112 Demand Trend
Check current 30 days TCSP 112 correlation with market (DOW)
β = 0.0588

TCSP 112 Central Daily Price Deviation

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 0.0588 . This entails as returns on market go up, TCSP 112 average returns are expected to increase less than the benchmark. However during bear market, the loss on holding TCSP-112 will be expected to be much smaller as well. Moreover, TCSP-112 has an alpha of 0.0395 implying that it can potentially generate 0.0395% excess return over DOW after adjusting for the inherited market risk (beta).
 Predicted Return Density 
      Returns 
α
Alpha over DOW
=0.0395
β
Beta against DOW=0.06
σ
Overall volatility
=0.00
Ir
Information ratio =0.22

TCSP 112 Return Volatility

TCSP-112 accepts 0.0% volatility on return distribution over the 30 days horizon. DOW inherits 1.2829% risk (volatility on return distribution) over the 30 days horizon.
 Performance (%) 
      Timeline 

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Investment Outlook

TCSP 112 Investment Opportunity

DOW has a standard deviation of returns of 1.28 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, TCSP 112 returns are expected to increase less than the market. However during bear market, the loss on holding TCSP 112 will be expected to be smaller as well.

TCSP 112 correlation with market

correlation synergy
Average 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

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