Macroaxis considers Baker Hughes to be extremely risky. Baker Hughes Incorporated secures Sharpe Ratio (or Efficiency) of -0.3965 which signifies that Baker Hughes Incorporated had -0.3965% 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. Baker Hughes Incorporated exposes twenty different technical indicators which can help you to evaluate volatility that cannot be diversified away. Please be advised to confirm Baker Hughes Incorporated Coefficient Of Variation of 217.97, Risk Adjusted Performance of 0.2278 and Mean Deviation of 23292.54 to double-check risk estimate we provide.
|Investment Horizon||30 Days Login to change|
Baker Hughes Market Sensitivity
|As market goes up, the company is expected to significantly outperform it. However, if the market returns are negative, Baker Hughes will likely underperform.One Month Beta |Analyze Baker Hughes Incorporated Demand TrendCheck current 30 days Baker Hughes correlation with market (DOW)|
β = 95.0
Baker Hughes Incorporated Technical Analysis
Projected Return Density Against MarketConsidering 30-days investment horizon, the stock has beta coefficient of 95.0 . 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, Baker Hughes will likely underperform. In addition to that, Baker Hughes Incorporated has an alpha of 14182.1541 implying that it can potentially generate 14182.1541% excess return over DOW after adjusting for the inherited market risk (beta).
Considering 30-days investment horizon, the coefficient of variation of Baker Hughes is -252.2. The daily returns are destributed with a variance of 1681.5 and standard deviation of 41.01. The mean deviation of Baker Hughes Incorporated is currently at 27.87. For similar time horizon, the selected benchmark (DOW) has volatility of 0.47