China risk analysis

Macroaxis considers China not very volatile. China Petroleum Ch secures Sharpe Ratio (or Efficiency) of -0.49 which signifies that China Petroleum Ch had -0.49% of return per unit of risk over the last 1 month. Macroaxis philosophy towards 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. China Petroleum Chemical Corporation exposes twenty-six different technical indicators which can help you to evaluate volatility that cannot be diversified away. Please be advised to confirm China Petroleum Ch Downside Deviation of 1.88, Risk Adjusted Performance of (0.41) and Mean Deviation of 0.8333 to double-check risk estimate we provide.

Projected Return Density against Market

Assuming 30 trading days horizon, China Petroleum Chemical Corporation has beta of -0.11 . This suggests as returns on benchmark increase, returns on holding China are expected to decrease at a much smaller rate. During bear market, however, China Petroleum Chemical Corporation is likely to outperform the market. Additionally, China Petroleum Chemical Corporation has negative alpha implying that risk taken by holding this securing is not justified. The company is significantly underperforming S&P 500Assuming 30 trading days horizon, the coefficient of variation of China is -205.33. The daily returns are destributed with a variance of 1.55 and standard deviation of 1.24. The mean deviation of China Petroleum Chemical Corporation is currently at 0.83. For similar time horizon, the selected benchmark (S&P 500) has volatility of 0.84

	(alpha)	=	(0.11)	Details
	(beta)	=	(0.11)	Details
	(volatility)	=	1.24	Details

Actual Return Volatility

China Petroleum Chemical Corporation accepts 1.24% volatility on return distribution over the 30 days horizon. S&P 500 shows 0.84% volatility of returns over 30 trading days.