Macroaxis considers Natus Medical not too risky given 1 month investment horizon. Natus Medical Incorp has Sharpe Ratio of 0.5497 which conveys that Natus Medical Incorp had 0.5497% of return per unit of risk over the last 1 month. Our philosophy towards estimating volatility of a stock is to use all available market data together with company specific technical indicators that cannot be diversified away. By analyzing Natus Medical Incorp technical indicators you can presently evaluate if the expected return of 0.6011% is justified by implied risk. Please exercise Natus Medical Incorporated Coefficient Of Variation of 164.04, Mean Deviation of 0.8915 and Risk Adjusted Performance of 0.1729 to check out if our risk estimates are consistent with your expectations.
|Investment Horizon||30 Days Login to change|
Natus Medical Market Sensitivity
|As returns on market increase, Natus Medical returns are expected to increase less than the market. However during bear market, the loss on holding Natus Medical will be expected to be smaller as well.One Month Beta |Analyze Natus Medical Incorp Demand TrendCheck current 30 days Natus Medical correlation with market (DOW)|
β = 0.5107
Projected Return Density Against MarketGiven the investment horizon of 30 days, Natus Medical has beta of 0.5107 . This suggests as returns on market go up, Natus Medical average returns are expected to increase less than the benchmark. However during bear market, the loss on holding Natus Medical Incorporated will be expected to be much smaller as well. Moreover, Natus Medical Incorporated has an alpha of 0.5817 implying that it can potentially generate 0.5817% excess return over DOW after adjusting for the inherited market risk (beta).
Given the investment horizon of 30 days, the coefficient of variation of Natus Medical is 181.92. The daily returns are destributed with a variance of 1.2 and standard deviation of 1.09. The mean deviation of Natus Medical Incorporated is currently at 0.85. For similar time horizon, the selected benchmark (DOW) has volatility of 0.27