Macroaxis considers Intel to be not too risky. Intel
holds Efficiency (Sharpe) Ratio of -0.019 which attests that Intel
had -0.019% of return per unit of risk over the last 1 month. Macroaxis philosophy towards determining 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
. Intel exposes twenty-one different technical indicators
which can help you to evaluate volatility that cannot be diversified away. Please be advised to check out Intel Market Risk Adjusted Performance
of 0.024275 and Risk Adjusted Performance of 0.002309 to validate risk estimate we provide. Macroaxis gives Intel performance score of 0 on a scale of 0 to 100. The company retains Market Volatility (i.e. Beta) of 0.9823 which attests that Intel returns are very sensitive to returns on the market. as market goes up or down, Intel is expected to follow.. Even though it is essential to pay attention to Intel current price history, it is always good to be careful when utilizing equity current price movements. Macroaxis philosophy towards determining 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. Intel exposes twenty-one different technical indicators which can help you to evaluate its performance. Intel has expected return of -0.0237%. Please be advised to check out Intel Information Ratio, Value At Risk as well as the relationship between Value At Risk and Expected Short fall to decide if Intel past performance will be repeated at some point in the near future.
|15 days auto-correlation||(0.78) |
Almost perfect reverse predictability
Intel Corporation has almost perfect reverse predictability. Overlapping area represents the amount of predictability between Intel 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 Intel price movement. The serial correlation of -0.78 indicates that around 78.0% of current Intel price fluctuation can be explain by its past prices. Given that Intel Corporation has negative autocorrelation for selected time horizon, investors may consider taking a contrarian position regarding future price movement of Intel for similar time interval.
|Spearman Rank Test||0.52|