Cadiz Risk Analysis

Cadiz Inc -- USA Stock  

USD 12.7  0.05  0.39%

We consider Cadiz not too volatile. Cadiz Inc secures Sharpe Ratio (or Efficiency) of 0.0768 which signifies that Cadiz Inc had 0.0768% 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-eight technical indicators for Cadiz Inc which you can use to evaluate future volatility of the firm. Please confirm Cadiz Inc Mean Deviation of 0.8126 and Risk Adjusted Performance of 0.0326 to double-check if risk estimate we provide are consistent with the epected return of 0.0734%.
Investment Horizon     30 Days    Login   to change

Cadiz Market Sensitivity

As returns on market increase, Cadiz returns are expected to increase less than the market. However during bear market, the loss on holding Cadiz will be expected to be smaller as well.
One Month Beta |Analyze Cadiz Inc Demand Trend
Check current 30 days Cadiz correlation with market (DOW)
β = 0.5934
Cadiz Small BetaCadiz Inc Beta Legend

Projected Return Density Against Market

Given the investment horizon of 30 days, Cadiz has beta of 0.5934 . This suggests as returns on market go up, Cadiz average returns are expected to increase less than the benchmark. However during bear market, the loss on holding Cadiz Inc will be expected to be much smaller as well. Moreover, Cadiz Inc has an alpha of 0.0014 implying that it can potentially generate 0.0014% excess return over DOW after adjusting for the inherited market risk (beta).
 Predicted Return Density 
      Returns 
Given the investment horizon of 30 days, the coefficient of variation of Cadiz is 1302.59. The daily returns are destributed with a variance of 0.91 and standard deviation of 0.96. The mean deviation of Cadiz Inc is currently at 0.8. For similar time horizon, the selected benchmark (DOW) has volatility of 0.26
α
Alpha over DOW
= 0.0014 
βBeta against DOW= 0.59 
σ
Overall volatility
= 0.96 
 IrInformation ratio =(0.0571) 

Actual Return Volatility

Cadiz Inc inherits 0.9562% risk (volatility on return distribution) over the 30 days horizon. DOW inherits 0.2355% risk (volatility on return distribution) over the 30 days horizon.
 Performance (%) 
      Timeline 

Market Risk Breakdown

Cadiz Volatility Factors

30 Days Market Risk

Not too volatile

Chance of Distress in 24 months

Very high

30 Days Economic Sensitivity

Follows market closely

Total Debt

Cadiz Inc Total Debt History

Total Debt

Largest Trends

Cadiz Largest Period Trend

Investment Outlook

Cadiz Investment Opportunity
Cadiz Inc has a volatility of 0.96 and is 4.0 times more volatile than DOW. 9% of all equities and portfolios are less risky than Cadiz. Compared to the overall equity markets, volatility of historical daily returns of Cadiz Inc is lower than 9 (%) of all global equities and portfolios over the last 30 days. Use Cadiz Inc to protect against small markets fluctuations. The stock experiences normal downward trend and little activity. Check odds of Cadiz to be traded at $12.57 in 30 days. As returns on market increase, Cadiz returns are expected to increase less than the market. However during bear market, the loss on holding Cadiz will be expected to be smaller as well.

Cadiz correlation with market

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