Tedea Technological (Israel) Risk Analysis And Volatility Evaluation

TEDE -- Israel Stock  

ILS 1,407  34.00  2.36%

Macroaxis considers Tedea Technological unknown risk given 1 month investment horizon. Tedea Technological owns Efficiency Ratio (i.e. Sharpe Ratio) of 0.2048 which indicates Tedea Technological had 0.2048% of return per unit of risk over the last 1 month. Our philosophy towards measuring 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 Tedea Technological Development and Automation Ltd which you can use to evaluate future volatility of the company. Please operate Tedea Technological Coefficient Of Variation of 1,023 and Risk Adjusted Performance of 0.10 to confirm if our risk estimates are consistent with your expectations.
Horizon     30 Days    Login   to change

Tedea Technological Market Sensitivity

One Month Beta |Analyze Tedea Technological Demand Trend
Check current 30 days Tedea Technological correlation with market (DOW)
β = -1.079
Tedea Technological llmost one BetaTedea Technological Beta Legend

Tedea Technological Technical Analysis

Transformation
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Tedea Technological Projected Return Density Against Market

Assuming 30 trading days horizon, Tedea Technological Development and Automation Ltd has beta of -1.079 . This entails Additionally, Tedea Technological Development and Automation 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 Tedea Technological is 488.36. The daily returns are destributed with a variance of 5.7 and standard deviation of 2.39. The mean deviation of Tedea Technological Development and Automation Ltd is currently at 1.37. For similar time horizon, the selected benchmark (DOW) has volatility of 1.09
α
Alpha over DOW
=0.42
β
Beta against DOW=1.08
σ
Overall volatility
=2.39
Ir
Information ratio =0.03

Tedea Technological Return Volatility

Tedea Technological Development and Automation Ltd accepts 2.3884% volatility on return distribution over the 30 days horizon. DOW inherits 1.088% risk (volatility on return distribution) over the 30 days horizon.
 Performance (%) 
      Timeline 

Market Risk Breakdown

Tedea Technological Volatility Factors

30 Days Market Risk

Unknown risk

Chance of Distress in 24 months

Unknown Distress

30 Days Economic Sensitivity

Insignificant

Investment Outlook

Tedea Technological Investment Opportunity

Tedea Technological Development and Automation Ltd has a volatility of 2.39 and is 2.19 times more volatile than DOW. 21% of all equities and portfolios are less risky than Tedea Technological. Compared to the overall equity markets, volatility of historical daily returns of Tedea Technological Development and Automation Ltd is lower than 21 (%) of all global equities and portfolios over the last 30 days. Use Tedea Technological Development and Automation Ltd to protect against small markets fluctuations. The stock experiences unexpected downward movement. The market is reacting to new fundamentals. Check odds of Tedea Technological to be traded at S1350.72 in 30 days.

Tedea Technological correlation with market

Excellent diversification
Overlapping area represents the amount of risk that can be diversified away by holding Tedea Technological Developmen and equity matching DJI index in the same portfolio.

Tedea Technological Volatility Indicators

Tedea Technological Development and Automation Ltd Current Risk Indicators

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