|Altaba Inc -- USA Stock|| |
USD 71.24 1.47 2.11%
Altaba has performance score of 3 on a scale of 0 to 100. The firm shows Beta (market volatility) of 0.1278 which signifies that as returns on market increase, Altaba returns are expected to increase less than the market. However during bear market, the loss on holding Altaba will be expected to be smaller as well.. Although it is extremely important to respect Altaba Inc
historical returns, it is better to be realistic regarding the information on equity current trending patterns. The philosophy towards foreseeing 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 analyzing Altaba Inc technical indicators
you can presently evaluate if the expected return of 0.0713% will be sustainable into the future. Altaba Inc
right now shows a risk of 1.3688%. Please confirm Altaba Inc Jensen Alpha
, Potential Upside
, as well as the relationship
between Maximum Drawdown
and Semi Variance
to decide if Altaba Inc will be following its price patterns
Altaba Inc Relative Risk vs. Return Landscape
If you would invest 7,027
in Altaba Inc on November 13, 2017
and sell it today you would earn a total of 97
from holding Altaba Inc or generate 1.38%
return on investment over 30
days. Altaba Inc is currenly generating 0.0713% of daily expected returns and assumes 1.3688% risk (volatility on return distribution) over the 30 days horizon. In different words, 12% of equities are less volatile than Altaba Inc and 99% of traded equity instruments are projected to make higher returns than the company over the 30 days investment horizon.
Daily Expected Return (%)
Given the investment horizon of 30 days, Altaba Inc is expected to generate 3.06 times less return on investment than the market. In addition to that, the company is 2.77 times more volatile than its market benchmark. It trades about 0.05 of its total potential returns per unit of risk. The DOW is currently generating roughly 0.44 per unit of volatility.
Altaba Daily Price Distribution
The median price of Altaba for the period between Mon, Nov 13, 2017 and Wed, Dec 13, 2017 is 70.75 with a coefficient of variation of 1.92. The daily time series for the period is distributed with a sample standard deviation of 1.36, arithmetic mean of 70.72, and mean deviation of 1.12. The Stock received some media coverage during the period.