We consider CA not too risky. CA secures Sharpe Ratio (or Efficiency) of 0.1242 which signifies that CA had 0.1242% of return per unit of standard deviation over the last 1 month. Our philosophy in 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 CA which you can use to evaluate future volatility of the firm. Please confirm CA Mean Deviation of 0.488, Risk Adjusted Performance of 0.01 and Semi Deviation of 0.4989 to double-check if risk estimate we provide are consistent with the epected return of 0.0804%.
|Time Horizon||30 Days Login to change|
CA Technical Analysis
Projected Return Density Against MarketAllowing for the 30-days total investment horizon, CA has beta of 0.0 . This suggests unless we do not have required data, the returns on DOW and CA are completely uncorrelated. Furthermore, CAIt does not look like CA alpha can have any bearing on the equity current valuation.
Predicted Return Density