|Caterpillar Inc -- USA Stock|| |
USD 131.55 0.19 0.14%
On a scale of 0 to 100 Caterpillar holds performance score of 36. The firm shows Beta (market volatility) of -0.0177 which signifies that as returns on market increase, returns on owning Caterpillar are expected to decrease at a much smaller rate. During bear market, Caterpillar is likely to outperform the market.. Although it is vital to follow to Caterpillar Inc
historical returns, it is good to be conservative about what you can actually do with the information regarding equity current trending patternss. The philosophy towards foreseeing future performance of any stock is to evaluate the business as a whole together with its past performance including all available fundamental and technical indicators
. By analyzing Caterpillar Inc technical indicators
you can presently evaluate if the expected return of 0.2595% will be sustainable into the future. Please makes use of Caterpillar Inc Information Ratio
, Potential Upside
as well as the relationship
between Potential Upside and Kurtosis
to make a quick decision on weather Caterpillar price patterns
Relative Risk vs. Return Landscape
If you would invest 12,443
in Caterpillar Inc on September 22, 2017
and sell it today you would earn a total of 693
from holding Caterpillar Inc or generate 5.57%
return on investment over 30
days. Caterpillar Inc is generating 0.2595% of daily returns assuming volatility of 0.4795% on return distribution over 30 days investment horizon. In other words, 4% of equities are less volatile than the company and above 95% of equities are expected to generate higher returns over the next 30 days.
Daily Expected Return (%)
Considering 30-days investment horizon, Caterpillar Inc is expected to generate 1.78 times more return on investment than the market. However, the company is 1.78 times more volatile than its market benchmark. It trades about 0.54 of its potential returns per unit of risk. The DOW is currently generating roughly 0.73 per unit of risk.
Caterpillar Daily Price Distribution
The median price of Caterpillar for the period between Fri, Sep 22, 2017 and Sun, Oct 22, 2017 is 126.88 with a coefficient of variation of 2.17. The daily time series for the period is distributed with a sample standard deviation of 2.77, arithmetic mean of 127.43, and mean deviation of 2.44. The Stock received some media coverage during the period.