CCA Industries Risk Analysis And Volatility Evaluation

CAW -- USA Stock  

USD 2.40  0.25  9.43%

Macroaxis considers CCA Industries to be extremely volatile. CCA Industries retains Efficiency (Sharpe Ratio) of -0.0824 which signifies that CCA Industries had -0.0824% of return per unit of risk over the last 1 month. Macroaxis approach to 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. CCA Industries exposes twenty-one different technical indicators which can help you to evaluate volatility that cannot be diversified away. Please be advised to confirm CCA Industries Coefficient Of Variation of 1,780 and Market Risk Adjusted Performance of 0.89 to double-check risk estimate we provide.
Horizon     30 Days    Login   to change

CCA Industries Market Sensitivity

As returns on market increase, CCA Industries returns are expected to increase less than the market. However during bear market, the loss on holding CCA Industries will be expected to be smaller as well.
One Month Beta |Analyze CCA Industries Demand Trend
Check current 30 days CCA Industries correlation with market (DOW)
β = 0.2255
CCA Industries Small BetaCCA Industries Beta Legend

CCA Industries Technical Analysis

Transformation
The output start index for this execution was zero with a total number of output elements of seventeen. CCA Industries Average Price is the average of the sum of open, high, low and close daily prices of a bar. It can be used to smooth an indicator that normally takes just the closing price as input. View also all equity analysis or get more info about average price price transform indicator.

CCA Industries Projected Return Density Against Market

Considering 30-days investment horizon, CCA Industries has beta of 0.2255 . This suggests as returns on market go up, CCA Industries average returns are expected to increase less than the benchmark. However during bear market, the loss on holding CCA Industries will be expected to be much smaller as well. Additionally, CCA Industries has a negative alpha implying that the risk taken by holding this equity is not justified. The company is significantly underperforming DOW
 Predicted Return Density 
      Returns 
Considering 30-days investment horizon, the coefficient of variation of CCA Industries is -1214.2. The daily returns are destributed with a variance of 12.11 and standard deviation of 3.48. The mean deviation of CCA Industries is currently at 2.48. For similar time horizon, the selected benchmark (DOW) has volatility of 0.39
α
Alpha over DOW
=0.22
β
Beta against DOW=0.23
σ
Overall volatility
=3.48
Ir
Information ratio =0.09

CCA Industries Return Volatility

CCA Industries has volatility of 3.4801% on return distribution over 30 days investment horizon. DOW inherits 0.3914% risk (volatility on return distribution) over the 30 days horizon.
 Performance (%) 
      Timeline 

Market Risk Breakdown

CCA Industries Volatility Factors

30 Days Market Risk

Extremely volatile

Chance of Distress in 24 months

30 Days Economic Sensitivity

Slowly supersedes market

Investment Outlook

CCA Industries Investment Opportunity

CCA Industries has a volatility of 3.48 and is 8.92 times more volatile than DOW. 31% of all equities and portfolios are less risky than CCA Industries. Compared to the overall equity markets, volatility of historical daily returns of CCA Industries is lower than 31 (%) of all global equities and portfolios over the last 30 days. Use CCA Industries to protect against small markets fluctuations. The stock experiences very speculative upward sentiment.. Check odds of CCA Industries to be traded at $2.28 in 30 days. As returns on market increase, CCA Industries returns are expected to increase less than the market. However during bear market, the loss on holding CCA Industries will be expected to be smaller as well.

CCA Industries correlation with market

Significant diversification
Overlapping area represents the amount of risk that can be diversified away by holding CCA Industries Inc and equity matching DJI index in the same portfolio.

CCA Industries Volatility Indicators

CCA Industries Current Risk Indicators

Check also Trending Equities. Please also try Cryptocurrency Correlation module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins and exchanges.
Search macroaxis.com