Computer Task Risk Analysis

Computer Task Group Incorporated -- USA Stock  

USD 5.01  0.04  0.79%

Macroaxis considers Computer Task to be moderately volatile. Computer Task Group secures Sharpe Ratio (or Efficiency) of -0.0479 which signifies that Computer Task Group had -0.0479% 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. Computer Task Group Incorporated exposes twenty-six different technical indicators which can help you to evaluate volatility that cannot be diversified away. Please be advised to confirm Computer Task Group Downside Deviation of 2.5, Risk Adjusted Performance of 0.0102 and Mean Deviation of 0.9351 to double-check risk estimate we provide.
Investment Horizon     30 Days    Login   to change

Computer Task Market Sensitivity

As returns on market increase, returns on owning Computer Task are expected to decrease at a much smaller rate. During bear market, Computer Task is likely to outperform the market.
One Month Beta |Analyze Computer Task Group Demand Trend
Check current 30 days Computer Task correlation with market (DOW)
β = -0.17
Computer Task Almost negative betaComputer Task Group Beta Legend

Computer Task Group Technical Analysis

Transformation
The output start index for this execution was zero with a total number of output elements of seventeen. Computer Task Group 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, Computer Task Group Incorporated has beta of -0.17 . This suggests as returns on benchmark increase, returns on holding Computer Task are expected to decrease at a much smaller rate. During bear market, however, Computer Task Group Incorporated is likely to outperform the market. Moreover, Computer Task Group Incorporated has an alpha of 0.036 implying that it can potentially generate 0.036% 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 Computer Task is -2089.38. The daily returns are destributed with a variance of 2.17 and standard deviation of 1.47. The mean deviation of Computer Task Group Incorporated is currently at 0.95. For similar time horizon, the selected benchmark (DOW) has volatility of 0.49
α
Alpha over DOW
=0.036
βBeta against DOW=0.17
σ
Overall volatility
=1.47
 IrInformation ratio =0.14

Actual Return Volatility

Computer Task Group Incorporated has volatility of 1.4714% on return distribution over 30 days investment horizon. DOW inherits 0.4911% risk (volatility on return distribution) over the 30 days horizon.
 Performance (%) 
      Timeline 

Market Risk Breakdown

Computer Task Volatility Factors

30 Days Market Risk

Moderately volatile

Chance of Distress in 24 months

Below average

30 Days Economic Sensitivity

Indifferent to market move

Total Debt

Computer Task Group Total Debt History

Total Debt

Largest Trends

Computer Task Largest Period Trend

Investment Outlook

Computer Task Investment Opportunity
Computer Task Group Incorporated has a volatility of 1.47 and is 3.0 times more volatile than DOW. 13% of all equities and portfolios are less risky than Computer Task. Compared to the overall equity markets, volatility of historical daily returns of Computer Task Group Incorporated is lower than 13 (%) of all global equities and portfolios over the last 30 days. Use Computer Task Group Incorporated to protect against small markets fluctuations. The stock experiences moderate downward daily trend and can be a good diversifier. Check odds of Computer Task to be traded at $4.91 in 30 days. As returns on market increase, returns on owning Computer Task are expected to decrease at a much smaller rate. During bear market, Computer Task is likely to outperform the market.

Computer Task correlation with market

Good diversification
Overlapping area represents the amount of risk that can be diversified away by holding Computer Task Group Incorporat and equity matching DJI index in the same portfolio.