We consider Dell Technologies not too volatile. Dell Technologies C secures Sharpe Ratio (or Efficiency) of 0.0039 which denotes Dell Technologies C had 0.0039% of return per unit of risk over the last 1 month. Our philosophy towards predicting 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 Dell Technologies Inc Class V which you can use to evaluate future volatility of the firm. Please confirm Dell Technologies C Coefficient Of Variation of 3415.09, Mean Deviation of 1.42 and Downside Deviation of 3.53 to check if risk estimate we provide are consistent with the epected return of 0.0092%.
|Investment Horizon||30 Days Login to change|
Dell Technologies Market Sensitivity
|As returns on market increase, Dell Technologies returns are expected to increase less than the market. However during bear market, the loss on holding Dell Technologies will be expected to be smaller as well.One Month Beta |Analyze Dell Technologies C Demand TrendCheck current 30 days Dell Technologies correlation with market (DOW)|
β = 0.4897
Dell Technologies C Technical Analysis
Projected Return Density Against MarketGiven the investment horizon of 30 days, Dell Technologies has beta of 0.4897 suggesting as returns on market go up, Dell Technologies average returns are expected to increase less than the benchmark. However during bear market, the loss on holding Dell Technologies Inc Class V will be expected to be much smaller as well. Additionally, Dell Technologies Inc Class V has a negative alpha implying that the risk taken by holding this equity is not justified. The company is significantly underperforming DOW
Given the investment horizon of 30 days, the coefficient of variation of Dell Technologies is 25476.55. The daily returns are destributed with a variance of 5.49 and standard deviation of 2.34. The mean deviation of Dell Technologies Inc Class V is currently at 1.56. For similar time horizon, the selected benchmark (DOW) has volatility of 0.47