Macroaxis considers AMIDEX35 Israel to be somewhat reliable. AMIDEX35 Israel Mutual
secures Sharpe Ratio (or Efficiency) of -0.0103 which signifies that the fund had -0.0103% of return per unit of return volatility over the last 3 months. Macroaxis approach into foreseeing risk of any fund is to look at both systematic and un-systematic factors of the business, including all available market data and technical indicators
. AMIDEX35 Israel Mutual Fund Cla exposes twenty-one different technical indicators
which can help you to evaluate volatility that cannot be diversified away. Please be advised to confirm AMIDEX35 Israel Mutual Risk Adjusted Performance
of 1.0E-4, Mean Deviation
of 0.5764 and Semi Deviation
of 0.8572 to double-check risk estimate we provide. The organization shows Beta (market volatility) of -0.0265 which signifies that as returns on market increase, returns on owning AMIDEX35 Israel are expected to decrease at a much smaller rate. During bear market, AMIDEX35 Israel is likely to outperform the market. Even though it is essential to pay attention to AMIDEX35 Israel Mutual
historical returns, it is always good to be careful when utilizing equity current trending patterns. Macroaxis approach into foreseeing future performance of any fund is to check both, its past performance charts as well as the business as a whole, including all available technical indicators
. AMIDEX35 Israel Mutual Fund Cla exposes twenty-one different technical indicators which can help you to evaluate its performance.
Good reverse predictability
AMIDEX35 Israel Mutual Fund Cla has good reverse predictability. Overlapping area represents the amount of predictability between AMIDEX35 Israel time series from June 19, 2019 to August 3, 2019 and August 3, 2019 to September 17, 2019. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of AMIDEX35 Israel Mutual price movement. The serial correlation of -0.51 indicates that about 51.0% of current AMIDEX35 Israel price fluctuation can be explain by its past prices. Given that AMIDEX35 Israel Mutual Fund Cla has negative autocorrelation for selected time horizon, investors may consider taking a contrarian position regarding future price movement of AMIDEX35 Israel for similar time interval.