RALCO Volatility

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RLCO -- Israel Stock  

ILA 1,929  12.00  0.62%

We consider RALCO AGENCIES very steady. RALCO AGENCIES maintains Sharpe Ratio (i.e. Efficiency) of 0.0079, which implies the company had 0.0079% of return per unit of volatility over the last 3 months. Our viewpoint regarding forecasting the 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 RALCO AGENCIES, which you can use to evaluate future volatility of the entity. Please check RALCO AGENCIES market risk adjusted performance of 1.72, and coefficient of variation of (2,014) to confirm if the risk estimate we provide is consistent with the expected return of 0.0227%.

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RALCO AGENCIES Stock volatility depicts how high the prices fluctuate around the mean (or its average) price. In other words, it is a statistical measure of the distribution of RALCO daily returns, and it is calculated using variance and standard deviation. We also use RALCO's beta, its sensitivity to the market, as well as its odds of financial distress to provide a more practical estimation of RALCO AGENCIES volatility.

90 Days Market Risk

Very steady

Chance of Distress

90 Days Economic Sensitivity

Moves indifferently to market moves

RALCO AGENCIES Market Sensitivity And Downside Risk

RALCO AGENCIES beta coefficient measures the volatility of RALCO stock compared to the systematic risk of the entire stock market represented by your selected benchmark. In mathematical terms, beta represents the slope of the line through a regression of data points where each of these points represents RALCO stock's returns against your selected market. In other words, RALCO AGENCIES's beta of -0.159 provides an investor with an approximation of how much risk RALCO AGENCIES stock can potentially add to one of your existing portfolios. Let's try to break down what RALCO's beta means in this case. As returns on the market increase, returns on owning RALCO AGENCIES are expected to decrease at a much lower rate. During the bear market, RALCO AGENCIES is likely to outperform the market.
3 Months Beta |Analyze RALCO AGENCIES Demand Trend
Check current 30 days RALCO AGENCIES correlation with market (DOW)
β

Current RALCO AGENCIES Beta Coefficient

 = 

RALCO AGENCIES Central Daily Price Deviations

It is essential to understand the difference between upside risk (as represented by RALCO AGENCIES's standard deviation) and the downside risk, which can be measured by semi-deviation or downside deviation of RALCO AGENCIES stock's daily returns or price. Since the actual investment returns on holding a position in RALCO AGENCIES stock tend to have a non-normal distribution, there will be different probabilities for losses than for gains. The likelihood of losses is reflected in the downside risk of an investment in RALCO AGENCIES.

RALCO AGENCIES Volatility Analysis

Transformation
The output start index for this execution was zero with a total number of output elements of sixty-one. RALCO AGENCIES Typical Price indicator is an average of each day price and can be used instead of closing price when creating different RALCO AGENCIES moving average lines. View also all equity analysis or get more info about typical price price transform indicator.

RALCO AGENCIES Projected Return Density Against Market

Assuming the 30-days trading horizon, RALCO AGENCIES has a beta of -0.159 indicating as returns on benchmark increase, returns on holding RALCO AGENCIES are expected to decrease at a much lower rate. During the bear market, however, RALCO AGENCIES is likely to outperform the market. Additionally, Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to RALCO AGENCIES or Technology sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that RALCO AGENCIES stock's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a RALCO stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision. The company has a negative alpha, implying that the risk taken by holding this equity is not justified. RALCO AGENCIES is significantly underperforming DOW.
 Predicted Return Density 
      Returns 

RALCO AGENCIES Risk Measures

Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to RALCO AGENCIES or Technology sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that RALCO AGENCIES stock's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a RALCO stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision. Assuming the 30-days trading horizon, the coefficient of variation of RALCO AGENCIES is 12660.72. The daily returns are destributed with a variance of 8.28 and standard deviation of 2.88. The mean deviation of RALCO AGENCIES is currently at 2.12. For similar time horizon, the selected benchmark (DOW) has volatility of 1.81
α
Alpha over DOW
=-0.24
β
Beta against DOW=-0.16
σ
Overall volatility
=2.88
Ir
Information ratio =-0.09

RALCO AGENCIES Return Volatility

RALCO AGENCIES historical daily return volatility represents how much RALCO AGENCIES stock's price daily returns swing around its mean daily price change - it is a statistical measure of its dispersion of returns. The company accepts 2.8771% volatility on return distribution over the 30 days horizon. By contrast, DOW inherits 1.8047% risk (volatility on return distribution) over the 30 days horizon.
 Performance (%) 
      Timeline 

About RALCO AGENCIES Volatility

Volatility is a rate at which the price of RALCO AGENCIES or any other equity instrument increases or decreases for a given set of returns. It is measured by calculating the standard deviation of the annualized returns over a given period of time and shows the range to which the price of RALCO AGENCIES may increase or decrease. In other words, similar to RALCO's beta indicator, it measures the risk of RALCO AGENCIES and helps estimate the fluctuations that may happen in a short period of time. So if prices of RALCO AGENCIES fluctuate rapidly in a short time span, it is termed to have high volatility, and if it swings slowly in a more extended period, it is understood to have low volatility. Please read more on our technical analysis page.
Ralco Agencies Ltd. imports, distributes, and sells electrical and electronic appliances and products in Israel. Ralco Agencies Ltd. was founded in 1983 and is based in Azor, Israel. RALCO AGENCIES is traded on Tel Aviv Stock Exchange in Israel.

RALCO AGENCIES Investment Opportunity

RALCO AGENCIES has a volatility of 2.88 and is 1.6 times more volatile than DOW. 24  of all equities and portfolios are less risky than RALCO AGENCIES. Compared to the overall equity markets, volatility of historical daily returns of RALCO AGENCIES is lower than 24 () of all global equities and portfolios over the last 30 days. Use RALCO AGENCIES to protect your portfolios against small markets fluctuations. The stock experiences a moderate downward daily trend and can be a good diversifier. Check odds of RALCO AGENCIES to be traded at 1890.42 in 30 days. . Let's try to break down what RALCO's beta means in this case. As returns on the market increase, returns on owning RALCO AGENCIES are expected to decrease at a much lower rate. During the bear market, RALCO AGENCIES is likely to outperform the market.

RALCO AGENCIES correlation with market

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

RALCO AGENCIES Additional Risk Indicators

The analysis of various secondary risk indicators of RALCO AGENCIES is one of the essential steps in making a buy or sell decision. The process involves identifying the amount of risk involved in RALCO AGENCIES investment, and either accepting that risk or mitigating it. Along with some common measures of RALCO AGENCIES stock risk such as standard deviation, beta, or value at risk, we also provide a set of secondary indicators that can assist in the individual investment decision or help in hedging your existing portfolio. Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential stock investments, we recommend comparing the like to determine which investment holds the most risk.
Risk Adjusted Performance(0.08)
Market Risk Adjusted Performance1.72
Mean Deviation3.31
Coefficient Of Variation(2,014)
Standard Deviation5.28
Variance27.83
Information Ratio(0.09)

RALCO AGENCIES Suggested Diversification Pairs

Pair trading is one of the very effective strategies used by professional day traders and hedge funds capitalizing on short-time and mid-term market inefficiencies. The approach is based on the fact that the ratio of prices of two correlating shares is long-term stable and oscillates around the average value. If the correlation ratio comes outside the common area, you can speculate with a high success rate that the ratio will return to the mean value and collect a profit.
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Macroaxis is not a registered investment advisor or broker/dealer. All investments, including stocks, funds, ETFs, or cryptocurrencies, are speculative and involve substantial risk of loss. We encourage our investors to invest carefully. Much of our information is derived directly from data published by companies or submitted to governmental agencies which we believe are reliable, but are without our independent verification. Therefore, we cannot assure you that the information is accurate or complete. We do not in any way warrant or guarantee the success of any action you take in reliance on our statements or recommendations. Also, note that past performance is not necessarily indicative of future results. All investments carry risk, and all investment decisions of an individual remain the responsibility of that individual. There is no guarantee that systems, indicators, or signals will result in profits or that they will not result in losses. All investors are advised to fully understand all risks associated with any investing they choose to do. Hypothetical or simulated performance is not indicative of future results. We make no representations or warranties that any investor will, or is likely to, achieve profits similar to those shown because hypothetical or simulated performance is not necessarily indicative of future results. For more information please visit our terms and condition page