Macroaxis considers 500 to be not very volatile. 500 Limited
retains Efficiency (Sharpe Ratio) of -0.2654 which signifies that 500 Limited
had -0.2654% of return per unit of price deviation over the last 1 month. Macroaxis way in which we are foreseeing 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
. 500 exposes twenty-eight different technical indicators
which can help you to evaluate volatility that cannot be diversified away. Please be advised to confirm 500 Limited Standard Deviation
of 2.16, Market Risk Adjusted Performance
of 2.02 and Coefficient Of Variation of 308.39 to double-check risk estimate we provide. Macroaxis gives 500 performance score of 0 on a scale of 0 to 100. The corporation owns Beta (Systematic Risk) of 0.3499 which signifies that as returns on market increase, 500 returns are expected to increase less than the market. However during bear market, the loss on holding 500 will be expected to be smaller as well.. Even though it is essential to pay attention to 500 Limited existing price patterns, it is always good to be careful when utilizing equity price patterns. Macroaxis way in which we are foreseeing 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. 500 exposes twenty-eight different technical indicators which can help you to evaluate its performance. 500 Limited has expected return of -0.5546%. Please be advised to confirm 500 Limited Sortino Ratio, Semi Variance and the relationship between Information Ratio and Value At Risk to decide if 500 Limited past performance will be repeated sooner or later.
|15 days auto-correlation|| 0.79 |
500 Limited has good predictability. Overlapping area represents the amount of predictability between 500 time series from August 27, 2018 to September 11, 2018 and September 11, 2018 to September 26, 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 500 Limited price movement. The serial correlation of 0.79 indicates that around 79.0% of current 500 price fluctuation can be explain by its past prices.
|Spearman Rank Test||0.71|