Macroaxis considers AptarGroup relatively not risky. AptarGroup Inc
secures Sharpe Ratio (or Efficiency) of -0.19 which signifies that AptarGroup Inc
had -0.19% 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
. AptarGroup Inc exposes twenty-eight different technical indicators
which can help you to evaluate volatility that cannot be diversified away. Please be advised to confirm AptarGroup Inc Downside Deviation
of 0.8082, Risk Adjusted Performance
of (0.09) and Mean Deviation of 0.4814 to double-check risk estimate we provide.
Projected Return Density against Market
Considering 30-days investment horizon, AptarGroup has beta of 0.11 . This suggests as returns on market go up, AptarGroup avarage returns are expected to increase less than the benchmark. However during bear market, the loss on holding AptarGroup Inc will be expected to be much smaller as well. Additionally, AptarGroup Inc has negative alpha implying that risk taken by holding this equity is not justified. The company is significantly underperforming S&P 500
Predicted Return Density
Considering 30-days investment horizon, the coefficient of variation of AptarGroup is -518.18. The daily returns are destributed with a variance of 0.45 and standard deviation of 0.67. The mean deviation of AptarGroup Inc is currently at 0.48. For similar time horizon, the selected benchmark (S&P 500) has volatility of 0.5
Actual Return Volatility
AptarGroup Inc has volatility of 0.67%
on return distribution over 30 days investment horizon. S&P 500 shows 0.49% volatility of returns over 30 trading days.