Macroaxis considers Disney to be not too risky. The Walt Disney
secures Sharpe Ratio (or Efficiency) of -0.1727 which denotes The Walt Disney
had -0.1727% of return per unit of standard deviation over the last 1 month. Macroaxis philosophy in predicting risk of any stock is to look at both systematic and un-systematic factors of the business, including all available market data and technical indicators
. The Walt Disney Company exposes twenty-one different technical indicators
which can help you to evaluate volatility that cannot be diversified away. Please be advised to confirm The Walt Disney Mean Deviation
of 0.4431 and Risk Adjusted Performance
of 0.06 to check risk estimate we provide. Macroaxis gives Disney performance score of 0 on a scale of 0 to 100. The firm shows Beta (market volatility) of 0.1936 which denotes to the fact that as returns on market increase, Disney returns are expected to increase less than the market. However during bear market, the loss on holding Disney will be expected to be smaller as well.. Even though it is essential to pay attention to The Walt Disney historical returns, it is always good to be careful when utilizing equity current trending patterns. Macroaxis philosophy in predicting future performance of any stock is to check both, its past performance charts as well as the business as a whole, including all available technical indicators. The Walt Disney Company exposes twenty-one different technical indicators which can help you to evaluate its performance. The Walt Disney has expected return of -0.1074%. Please be advised to confirm The Walt Disney Standard Deviation as well as the relationship between Maximum Drawdown and Expected Short fall to decide if The Walt Disney past performance will be repeated at some point in the near future.
|15 days auto-correlation|| 0.11 |
The Walt Disney Company has insignificant predictability. Overlapping area represents the amount of predictability between Disney time series from August 20, 2018 to September 4, 2018 and September 4, 2018 to September 19, 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 The Walt Disney price movement. The serial correlation of 0.11 indicates that less than 11.0% of current Disney price fluctuation can be explain by its past prices.
|Spearman Rank Test||0.13|