We consider Broadridge Financial not too risky. Broadridge Financial secures Sharpe Ratio (or Efficiency) of 0.0813 which signifies that Broadridge Financial had 0.0813% 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 Broadridge Financial Solutions Inc which you can use to evaluate future volatility of the firm. Please confirm Broadridge Financial Downside Deviation of 1.2, Risk Adjusted Performance of 0.0411 and Mean Deviation of 0.6852 to double-check if risk estimate we provide are consistent with the epected return of 0.0774%.
|Investment Horizon||30 Days Login to change|
Broadridge Financial Market Sensitivity
|As market goes up, the company is expected to significantly outperform it. However, if the market returns are negative, Broadridge Financial will likely underperform.One Month Beta |Analyze Broadridge Financial Demand TrendCheck current 30 days Broadridge Financial correlation with market (DOW)|
β = 1.16
Broadridge Financial Technical Analysis
Projected Return Density Against MarketAllowing for the 30-days total investment horizon, the stock has beta coefficient of 1.16 . 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, Broadridge Financial will likely underperform. Additionally, Broadridge Financial Solutions Inc 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 Broadridge Financial is 1229.5. The daily returns are destributed with a variance of 0.91 and standard deviation of 0.95. The mean deviation of Broadridge Financial Solutions Inc is currently at 0.71. For similar time horizon, the selected benchmark (DOW) has volatility of 0.47