Cinemark Holdings Risk Analysis

Cinemark Holdings Inc -- USA Stock  

USD 36.12  0.77  2.18%

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 Trend
Check current 30 days Cinemark Holdings correlation with market (DOW)
β = 0.0465
Cinemark Holdings Small BetaCinemark Holdings Inc Beta Legend

Cinemark Holdings Inc Technical Analysis

Transformation
The output start index for this execution was zero with a total number of output elements of seventeen. Cinemark Holdings Inc 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.

Projected Return Density Against Market

Considering 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).
 Predicted Return Density 
      Returns 
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
α
Alpha over DOW
=0.21
βBeta against DOW=0.0465
σ
Overall volatility
=1.76
 IrInformation ratio =0.02

Actual Return Volatility

Cinemark Holdings Inc has volatility of 1.7648% on return distribution over 30 days investment horizon. DOW inherits 0.4491% risk (volatility on return distribution) over the 30 days horizon.
 Performance (%) 
      Timeline 

Market Risk Breakdown

Cinemark Holdings Volatility Factors

30 Days Market Risk

Not too volatile

Chance of Distress in 24 months

Below average

30 Days Economic Sensitivity

Barely shadows market

Total Debt

Cinemark Holdings Inc Total Debt History

Total Debt

Largest Trends

Cinemark Holdings Largest Period Trend

Investment Outlook

Cinemark Holdings Investment Opportunity
Cinemark Holdings Inc has a volatility of 1.76 and is 3.91 times more volatile than DOW. 16% of all equities and portfolios are less risky than Cinemark Holdings. Compared to the overall equity markets, volatility of historical daily returns of Cinemark Holdings Inc is lower than 16 (%) of all global equities and portfolios over the last 30 days. Use Cinemark Holdings Inc to enhance returns of your portfolios. The stock experiences unexpected upward trend. Watch out for market signals. Check odds of Cinemark Holdings to be traded at $43.34 in 30 days. 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.

Cinemark Holdings correlation with market

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