Macroaxis considers AMC Entertainment not very risky given 1 month investment horizon. AMC Entertainment Ho
retains Efficiency (Sharpe Ratio) of 0.0942 which signifies that AMC Entertainment Ho
had 0.0942% of return per unit of risk over the last 1 month. Our philosophy in foreseeing volatility of a stock is to use all available market data together with company specific technical indicators
that cannot be diversified away. We have found twenty-eight technical indicators
for AMC Entertainment which you can use to evaluate future volatility of the firm. Please makes use of AMC Entertainment Holdings Coefficient Of Variation
of 512.06 and Market Risk Adjusted Performance
of 0.23 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100 AMC Entertainment holds performance score of 6. The firm owns Beta (Systematic Risk) of -1.9349 which signifies that as returns on market increase, returns on owning AMC Entertainment are expected to decrease by larger amounts. On the other hand, during market turmoil, AMC Entertainment is expected to significantly outperform it.. Although it is extremely important to respect AMC Entertainment Ho existing price patterns, it is better to be realistic regarding the information on equity price patterns. The philosophy in foreseeing future performance of any stock is to evaluate the business as a whole together with its past performance including all available fundamental and technical indicators. By analyzing AMC Entertainment Ho technical indicators you can right now evaluate if the expected return of 0.233% will be sustainable into the future. Please makes use of AMC Entertainment Holdings Sortino Ratio, Semi Variance and the relationship between Information Ratio and Value At Risk to make a quick decision on weather AMC Entertainment Ho current price history will revert.
|15 days auto-correlation|| 0.24 |
AMC Entertainment Holdings has weak predictability. Overlapping area represents the amount of predictability between AMC Entertainment time series from June 16, 2018 to July 1, 2018 and July 1, 2018 to July 16, 2018. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of AMC Entertainment Ho price movement. The serial correlation of 0.24 indicates that over 24.0% of current AMC Entertainment price fluctuation can be explain by its past prices.
|Correlation Coefficient|| 0.24|
|Spearman Rank Test|| -0.45|
|Price Variance|| 0.29|
|Lagged Price Variance|| 0.2|