We consider CA not too risky. CA Inc retains Efficiency (Sharpe Ratio) of 0.1936 which signifies that CA Inc had 0.1936% of return per unit of price deviation over the last 1 month. Our way in which we are 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-eight technical indicators for CA which you can use to evaluate future volatility of the entity. Please confirm CA Inc Standard Deviation of 0.6502, Market Risk Adjusted Performance of
(0.1) and Coefficient Of Variation of 563.77 to double-check if risk estimate we provide are consistent with the epected return of 0.1232%.
|Investment Horizon||30 Days Login to change|
CA Market Sensitivity
|One Month Beta |Analyze CA Inc Demand TrendCheck current 30 days CA correlation with market (DOW)|
β = -0.9464
Projected Return Density Against MarketAllowing for the 30-days total investment horizon, CA Inc has beta of -0.9464 . This suggests Moreover, CA Inc has an alpha of 0.2226 implying that it can potentially generate 0.2226% excess return over DOW after adjusting for the inherited market risk (beta).
Allowing for the 30-days total investment horizon, the coefficient of variation of CA is 516.5. The daily returns are destributed with a variance of 0.4 and standard deviation of 0.64. The mean deviation of CA Inc is currently at 0.53. For similar time horizon, the selected benchmark (DOW) has volatility of 0.23