Macroaxis considers Cinemark Holdings to be not too risky. Cinemark Holdings Inc secures Sharpe Ratio (or Efficiency) of -0.0274 which signifies that Cinemark Holdings Inc had -0.0274% of return per unit of risk over the last 1 month. Macroaxis philosophy towards 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. Cinemark Holdings Inc exposes twenty-eight different technical indicators which can help you to evaluate volatility that cannot be diversified away. Please be advised to confirm Cinemark Holdings Inc Downside Deviation of 1.63, Risk Adjusted Performance of 0.0205 and Mean Deviation of 1.02 to double-check risk estimate we provide.
|Investment Horizon||30 Days Login to change|
Cinemark Holdings Market Sensitivity
|As market goes up, the company is expected to significantly outperform it. However, if the market returns are negative, Cinemark Holdings will likely underperform.One Month Beta |Analyze Cinemark Holdings Inc Demand TrendCheck current 30 days Cinemark Holdings correlation with market (DOW)|
β = 1.648
Projected Return Density Against MarketConsidering 30-days investment horizon, the stock has beta coefficient of 1.648 . This suggests as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are expected to be negative, Cinemark Holdings will likely underperform. Additionally, Cinemark Holdings Inc has a negative alpha implying that the risk taken by holding this equity is not justified. The company is significantly underperforming DOW
Considering 30-days investment horizon, the coefficient of variation of Cinemark Holdings is -3648.4. The daily returns are destributed with a variance of 1.95 and standard deviation of 1.4. The mean deviation of Cinemark Holdings Inc is currently at 0.9. For similar time horizon, the selected benchmark (DOW) has volatility of 0.23