Macroaxis considers Cinemark Holdings not too volatile given 1 month investment horizon. Cinemark Holdings Inc secures Sharpe Ratio (or Efficiency) of 0.1383 which signifies that Cinemark Holdings Inc had 0.1383% of return per unit of risk over the last 1 month. Our philosophy towards 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-one technical indicators for Cinemark Holdings Inc which you can use to evaluate future volatility of the firm. Please makes use of Cinemark Holdings Inc Downside Deviation of 2.09, Risk Adjusted Performance of 0.0666 and Mean Deviation of 1.55 to double-check if our risk estimates are consistent with your expectations.
|Investment Horizon||30 Days Login to change|
Cinemark Holdings Market Sensitivity
|As returns on market increase, Cinemark Holdings returns are expected to increase less than the market. However during bear market, the loss on holding Cinemark Holdings will be expected to be smaller as well.One Month Beta |Analyze Cinemark Holdings Inc Demand TrendCheck current 30 days Cinemark Holdings correlation with market (DOW)|
β = 0.0465
Cinemark Holdings Inc Technical Analysis
Projected Return Density Against MarketConsidering 30-days investment horizon, Cinemark Holdings has beta of 0.0465 . This suggests as returns on market go up, Cinemark Holdings average returns are expected to increase less than the benchmark. However during bear market, the loss on holding Cinemark Holdings Inc will be expected to be much smaller as well. Moreover, Cinemark Holdings Inc has an alpha of 0.2063 implying that it can potentially generate 0.2063% excess return over DOW after adjusting for the inherited market risk (beta).
Considering 30-days investment horizon, the coefficient of variation of Cinemark Holdings is 722.99. The daily returns are destributed with a variance of 3.11 and standard deviation of 1.76. The mean deviation of Cinemark Holdings Inc is currently at 1.45. For similar time horizon, the selected benchmark (DOW) has volatility of 0.47