Dell Technologies Risk Analysis

Dell Technologies Inc Class V -- USA Stock  

USD 83.13  0.89  1.08%

Macroaxis considers Dell Technologies not too risky given 1 month investment horizon. Dell Technologies C secures Sharpe Ratio (or Efficiency) of 0.8614 which denotes Dell Technologies C had 0.8614% 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-eight technical indicators for Dell Technologies Inc Class V which you can use to evaluate future volatility of the firm. Please utilize Dell Technologies C Coefficient Of Variation of 176.61 and Mean Deviation of 0.4031 to check if our risk estimates are consistent with your expectations.
Investment Horizon     30 Days    Login   to change

Dell Technologies Market Sensitivity

Dell Technologies returns are very sensitive to returns on the market. As market goes up or down, Dell Technologies is expected to follow.
One Month Beta |Analyze Dell Technologies C Demand Trend
Check current 30 days Dell Technologies correlation with market (DOW)
β = 0.9599
Dell Technologies llmost one BetaDell Technologies C Beta Legend

Projected Return Density Against Market

Given the investment horizon of 30 days, Dell Technologies has beta of 0.9599 suggesting Dell Technologies Inc Class V market returns are very sensitive to returns on the market. As the market benchmark goes up or down, Dell Technologies is expected to follow. Moreover, Dell Technologies Inc Class V has an alpha of 0.1389 implying that it can potentially generate 0.1389% excess return over DOW after adjusting for the inherited market risk (beta).
 Predicted Return Density 
      Returns 
Given the investment horizon of 30 days, the coefficient of variation of Dell Technologies is 116.09. The daily returns are destributed with a variance of 0.2 and standard deviation of 0.44. The mean deviation of Dell Technologies Inc Class V is currently at 0.35. For similar time horizon, the selected benchmark (DOW) has volatility of 0.27
α
Alpha over DOW
=0.14
βBeta against DOW=0.96
σ
Overall volatility
=0.44
 IrInformation ratio =0.23

Actual Return Volatility

Dell Technologies Inc Class V inherits 0.4432% risk (volatility on return distribution) over the 30 days horizon. DOW inherits 0.2576% risk (volatility on return distribution) over the 30 days horizon.
 Performance (%) 
      Timeline 

Market Risk Breakdown

Dell Technologies Volatility Factors

30 Days Market Risk

Not too risky

Chance of Distress in 24 months

Very low

30 Days Economic Sensitivity

Almost mirrors market

Largest Trends

Dell Technologies Largest Period Trend

Investment Outlook

Dell Technologies Investment Opportunity
Dell Technologies Inc Class V has a volatility of 0.44 and is 1.69 times more volatile than DOW. 4% of all equities and portfolios are less risky than Dell Technologies. Compared to the overall equity markets, volatility of historical daily returns of Dell Technologies Inc Class V is lower than 4 (%) of all global equities and portfolios over the last 30 days. Use Dell Technologies Inc Class V to enhance returns of your portfolios. The stock experiences large bullish trend. Check odds of Dell Technologies to be traded at $91.44 in 30 days. Dell Technologies returns are very sensitive to returns on the market. As market goes up or down, Dell Technologies is expected to follow.

Dell Technologies correlation with market

Very weak diversification
Overlapping area represents the amount of risk that can be diversified away by holding Dell Technologies Inc. Class V and equity matching DJI index in the same portfolio.

Volatility Indicators

Dell Technologies Current Risk Indicators