Macroaxis considers Directv relatively not risky. DIRECTV
secures Sharpe Ratio (or Efficiency) of -0.04 which denotes DIRECTV
had -0.04% of return per unit of volatility over the last 1 month. Macroaxis way of predicting 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
. DIRECTV exposes twenty-eight different technical indicators
which can help you to evaluate volatility that cannot be diversified away. Please be advised to make sure to check DIRECTV Market Risk Adjusted Performance
of (0.05), Mean Deviation of 0.9688 and Downside Deviation of 1.31 to check risk estimate we provide.
Projected Return Density against Market
Considering 30-days investment horizon, the stock has beta cooficient of 1.17 suggesting as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are expected to be negative, Directv will likely underperform. In addition to that, DIRECTV has alpha of 1.17 implying that it can potentially generate 1.17% excess return over S&P 500 after adjusting for the inherited market risk (beta).
Predicted Return Density
Considering 30-days investment horizon, the coefficient of variation of Directv is -2388.65. The daily returns are destributed with a variance of 1.76 and standard deviation of 1.33. The mean deviation of DIRECTV is currently at 0.97. For similar time horizon, the selected benchmark (S&P 500) has volatility of 0.84
Actual Return Volatility
DIRECTV has volatility of 1.33%
on return distribution over 30 days investment horizon. S&P 500 shows 0.84% volatility of returns over 30 trading days.