We consider Ford Motor not very volatile. Ford Motor
secures Sharpe Ratio (or Efficiency) of 0.0597 which denotes Ford Motor
had 0.0597% of return per unit of risk over the last 1 month. Our philosophy towards predicting 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 Ford Motor Company which you can use to evaluate future volatility of the firm. Please confirm Ford Motor Coefficient Of Variation
of 674.35 and Mean Deviation of 0.9874 to check if risk estimate we provide are consistent with the epected return of 0.1031%. Ford Motor has performance score of 3 on a scale of 0 to 100. The firm shows Beta (market volatility) of -0.4356 which denotes to the fact that as returns on market increase, returns on owning Ford Motor are expected to decrease at a much smaller rate. During bear market, Ford Motor is likely to outperform the market.. Although it is extremely important to respect Ford Motor historical returns, it is better to be realistic regarding the information on equity current trending patterns. The philosophy towards predicting 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 reviewing Ford Motor technical indicators you can presently evaluate if the expected return of 0.1031% will be sustainable into the future. Ford Motor right now shows a risk of 1.7287%. Please confirm Ford Motor Treynor Ratio as well as the relationship between Potential Upside and Expected Short fall to decide if Ford Motor will be following its price patterns.
|15 days auto-correlation||(0.62) |
Very good reverse predictability
Ford Motor Company has very good reverse predictability. Overlapping area represents the amount of predictability between Ford Motor time series from August 23, 2018 to September 7, 2018 and September 7, 2018 to September 22, 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 Ford Motor price movement. The serial correlation of -0.62 indicates that roughly 62.0% of current Ford Motor price fluctuation can be explain by its past prices. Given that Ford Motor Company has negative autocorrelation for selected time horizon, investors may consider taking a contrarian position regarding future price movement of Ford Motor for similar time interval.
|Spearman Rank Test||-0.7|