Macroaxis considers Sensata Technologies to be not too risky. Sensata Technologies
owns Efficiency Ratio (i.e. Sharpe Ratio) of -0.2951 which indicates Sensata Technologies
had -0.2951% of return per unit of risk over the last 1 month. Macroaxis philosophy towards measuring 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
. Sensata Technologies Holding PLC exposes twenty-one different technical indicators
which can help you to evaluate volatility that cannot be diversified away. Please be advised to validate Sensata Technologies Coefficient Of Variation
of 439.85 and Risk Adjusted Performance of 0.08 to confirm risk estimate we provide. Macroaxis gives Sensata Technologies performance score of 0 on a scale of 0 to 100. The entity has beta of 2.6589 which indicates as market goes up, the company is expected to significantly outperform it. However, if the market returns are negative, Sensata Technologies will likely underperform.. Even though it is essential to pay attention to Sensata Technologies current price movements, it is always good to be careful when utilizing equity historical returns. Macroaxis philosophy towards measuring 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. Sensata Technologies Holding PLC exposes twenty-one different technical indicators which can help you to evaluate its performance. Sensata Technologies has expected return of -0.5007%. Please be advised to validate Sensata Technologies Variance and Potential Upside to decide if Sensata Technologies past performance will be repeated at some point in the near future.
|15 days auto-correlation|| 0.61 |
Sensata Technologies Holding PLC has good predictability. Overlapping area represents the amount of predictability between Sensata Technologies time series from August 19, 2018 to September 3, 2018 and September 3, 2018 to September 18, 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 Sensata Technologies price movement. The serial correlation of 0.61 indicates that roughly 61.0% of current Sensata Technologies price fluctuation can be explain by its past prices.
|Spearman Rank Test||0.52|