We consider Curtiss Wright not too risky. Curtiss Wright secures Sharpe Ratio (or Efficiency) of 0.0698 which signifies that Curtiss Wright had 0.0698% 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 Curtiss Wright Corporation which you can use to evaluate future volatility of the firm. Please confirm Curtiss Wright Downside Deviation of 2.67, Risk Adjusted Performance of 0.1229 and Mean Deviation of 1.65 to double-check if risk estimate we provide are consistent with the epected return of 0.1663%.
|Time Horizon||30 Days Login to change|
Curtiss Wright Market Sensitivity
|Curtiss Wright returns are very sensitive to returns on the market. As market goes up or down, Curtiss Wright is expected to follow.One Month Beta |Analyze Curtiss Wright Demand TrendCheck current 30 days Curtiss Wright correlation with market (DOW)|
β = 1.0577
Curtiss Wright Technical Analysis
Projected Return Density Against MarketAllowing for the 30-days total investment horizon, the stock has beta coefficient of 1.0577 . This suggests Curtiss Wright Corporation market returns are very sensitive to returns on the market. As the market benchmark goes up or down, Curtiss Wright is expected to follow. Moreover, Curtiss Wright Corporation has an alpha of 0.3861 implying that it can potentially generate 0.3861% excess return over DOW after adjusting for the inherited market risk (beta).
Allowing for the 30-days total investment horizon, the coefficient of variation of Curtiss Wright is 1432.29. The daily returns are destributed with a variance of 5.67 and standard deviation of 2.38. The mean deviation of Curtiss Wright Corporation is currently at 1.65. For similar time horizon, the selected benchmark (DOW) has volatility of 1.72