Our approach towards foreseeing volatility of a stock is to use all available market data together with company specific technical indicators that cannot be diversified away. We have found twenty-one technical indicators for ACREX VENTURES LTD which you can use to evaluate future volatility of the entity. Please confirm ACREX VENTURES LTD Mean Deviation of 0.5207 and Coefficient Of Variation of 469.04 to double-check if risk estimate we provide are consistent with the epected return of 0.0%.
Assuming 30 trading days horizon, ACREX VENTURES LTD has beta of -0.0656 . This suggests as returns on benchmark increase, returns on holding ACREX are expected to decrease at a much smaller rate. During bear market, however, ACREX VENTURES LTD is likely to outperform the market. Moreover, ACREX VENTURES LTD has an alpha of 0.2572 implying that it can potentially generate 0.2572% excess return over NYSE after adjusting for the inherited market risk (beta).
NYSE has a standard deviation of returns of 0.74 and is 9.223372036854776E16 times more volatile than ACREX VENTURES LTD. 0% of all equities and portfolios are less risky than ACREX. Compared to the overall equity markets, volatility of historical daily returns of ACREX VENTURES LTD is lower than 0 (%) of all global equities and portfolios over the last 30 days. Use ACREX VENTURES LTD to protect against small markets fluctuations. The otc equity experiences normal downward fluctuation but is a risky buy. Check odds of ACREX to be traded at 0.021 in 30 days. As returns on market increase, returns on owning ACREX are expected to decrease at a much smaller rate. During bear market, ACREX is likely to outperform the market.
ACREX correlation with market
Good diversificationOverlapping area represents amount of risk that can be diversified away by holding ACREX VENTURES LTD and equity matching NYA index in the same portfolio