TLTGL 30 (Israel) Risk Analysis And Volatility

Our philosophy towards 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 TLTGL-30 which you can use to evaluate future volatility of the etf. Please validate TLTGL 30 Coefficient Of Variation of 2382112.57 and Risk Adjusted Performance of (1.15) to confirm if risk estimate we provide are consistent with the epected return of 0.0%.
Horizon     30 Days    Login   to change

TLTGL 30 Market Sensitivity

As returns on market increase, TLTGL 30 returns are expected to increase less than the market. However during bear market, the loss on holding TLTGL 30 will be expected to be smaller as well.
2 Months Beta |Analyze TLTGL-30 Demand Trend
Check current 30 days TLTGL 30 correlation with market (DOW)
β = 0.0023

TLTGL 30 Central Daily Price Deviation

TLTGL-30 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.

TLTGL 30 Projected Return Density Against Market

Assuming 30 trading days horizon, TLTGL 30 has beta of 0.0023 . This entails as returns on market go up, TLTGL 30 average returns are expected to increase less than the benchmark. However during bear market, the loss on holding TLTGL-30 will be expected to be much smaller as well. Additionally, The company has a negative alpha implying that the risk taken by holding this equity is not justified. TLTGL-30 is significantly underperforming DOW.
 Predicted Return Density 
      Returns 
α
Alpha over DOW
=0.01
β
Beta against DOW=0.0023
σ
Overall volatility
=0.00
Ir
Information ratio =22.6

TLTGL 30 Return Volatility

the entity accepts 0.0% volatility on return distribution over the 30 days horizon. the entity inherits 0.5731% risk (volatility on return distribution) over the 30 days horizon.
 Performance (%) 
      Timeline 

TLTGL 30 Investment Opportunity

DOW has a standard deviation of returns of 0.57 and is 9.223372036854776E16 times more volatile than TLTGL-30. 0% of all equities and portfolios are less risky than TLTGL 30. Compared to the overall equity markets, volatility of historical daily returns of TLTGL-30 is lower than 0 (%) of all global equities and portfolios over the last 30 days. Use TLTGL-30 to protect your portfolios against small markets fluctuations. The etf experiences very speculative upward sentiment. Check odds of TLTGL 30 to be traded at S0.0 in 30 days. . As returns on market increase, TLTGL 30 returns are expected to increase less than the market. However during bear market, the loss on holding TLTGL 30 will be expected to be smaller as well.

TLTGL 30 correlation with market

correlation synergy
Modest diversification
Overlapping area represents the amount of risk that can be diversified away by holding TLTGL-30 and equity matching DJI index in the same portfolio.

TLTGL 30 Current Risk Indicators

TLTGL 30 Suggested Diversification Pairs

Also please take a look at World Market Map. Please also try Pair Correlation module to compare performance and examine historical correlation between any two equity instruments.
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