Macroaxis considers Brunswick not too risky given 1 month investment horizon. Brunswick secures Sharpe Ratio (or Efficiency) of 0.2189 which signifies that Brunswick had 0.2189% of return per unit of risk over the last 1 month. Our philosophy 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 Brunswick Corporation which you can use to evaluate future volatility of the firm. Please makes use of Brunswick Downside Deviation of 0.905, Risk Adjusted Performance of 0.0853 and Mean Deviation of 0.8504 to double-check if our risk estimates are consistent with your expectations.
|Time Horizon||30 Days Login to change|
Brunswick Market Sensitivity
|As market goes up, the company is expected to significantly outperform it. However, if the market returns are negative, Brunswick will likely underperform.One Month Beta |Analyze Brunswick Demand TrendCheck current 30 days Brunswick correlation with market (DOW)|
β = 1.6354
Brunswick Technical Analysis
Projected Return Density Against MarketAllowing for the 30-days total investment horizon, the stock has beta coefficient of 1.6354 . This suggests as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are expected to be negative, Brunswick will likely underperform. Additionally, Brunswick Corporation has a negative alpha implying that the risk taken by holding this equity is not justified. The company is significantly underperforming DOW
Allowing for the 30-days total investment horizon, the coefficient of variation of Brunswick is 456.81. The daily returns are destributed with a variance of 1.23 and standard deviation of 1.11. The mean deviation of Brunswick Corporation is currently at 0.87. For similar time horizon, the selected benchmark (DOW) has volatility of 0.39