Macroaxis considers CCA Industries to be risky. CCA Industries retains Efficiency (Sharpe Ratio) of -0.1137 which signifies that CCA Industries had -0.1137% 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-six 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
498.34 to double-check risk estimate we provide.
|Time Horizon||30 Days Login to change|
CCA Industries Technical Analysis
Projected Return Density Against MarketConsidering 30-days investment horizon, CCA Industries has beta of 0.0 . This suggests unless we do not have required data, the returns on DOW and CCA Industries are completely uncorrelated. Furthermore, CCA IndustriesIt does not look like CCA Industries alpha can have any bearing on the equity current valuation.
Predicted Return Density