Enterprise Bancorp Risk Analysis And Volatility

EBTC -- USA Stock  

USD 29.53  0.53  1.83%

We consider Enterprise Bancorp not too volatile. Enterprise Bancorp secures Sharpe Ratio (or Efficiency) of 0.0492 which denotes the organization had 0.0492% of return per unit of risk over the last 3 months. Our philosophy towards predicting volatility of a stock is to use all available market data together with stock specific technical indicators that cannot be diversified away. We have found twenty-one technical indicators for Enterprise Bancorp which you can use to evaluate future volatility of the firm. Please confirm Enterprise Bancorp Mean Deviation of 1.59 and Coefficient Of Variation of (18,423) to check if risk estimate we provide are consistent with the epected return of 0.1045%.

90 Days Market Risk

Not too volatile

Chance of Distress in 24 months

90 Days Economic Sensitivity

Almost mirrors market
Horizon     30 Days    Login   to change

Enterprise Bancorp Market Sensitivity

Enterprise Bancorp returns are very sensitive to returns on the market. As market goes up or down, Enterprise Bancorp is expected to follow.
3 Months Beta |Analyze Enterprise Bancorp Demand Trend
Check current 30 days Enterprise Bancorp correlation with market (DOW)
β = 1.1408

Enterprise Bancorp Central Daily Price Deviation

Enterprise Bancorp Technical Analysis

Transformation
The output start index for this execution was zero with a total number of output elements of sixty-one. Enterprise Bancorp 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.

Enterprise Bancorp Projected Return Density Against Market

Given the investment horizon of 30 days, the stock has beta coefficient of 1.1408 suggesting Enterprise Bancorp market returns are sensitive to returns on the market. As the market goes up or down, Enterprise Bancorp is expected to follow. Moreover, The company has an alpha of 0.0132 implying that it can potentially generate 0.0132% 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 Enterprise Bancorp is 2031.01. The daily returns are destributed with a variance of 4.51 and standard deviation of 2.12. The mean deviation of Enterprise Bancorp is currently at 1.54. For similar time horizon, the selected benchmark (DOW) has volatility of 0.98
α
Alpha over DOW
=0.0132
β
Beta against DOW=1.14
σ
Overall volatility
=2.12
Ir
Information ratio =0.0041

Enterprise Bancorp Return Volatility

the company inherits 2.1226% risk (volatility on return distribution) over the 30 days horizon. the entity inherits 0.9844% risk (volatility on return distribution) over the 30 days horizon.
 Performance (%) 
      Timeline 

Enterprise Bancorp Investment Opportunity

Enterprise Bancorp has a volatility of 2.12 and is 2.16 times more volatile than DOW. 19  of all equities and portfolios are less risky than Enterprise Bancorp. Compared to the overall equity markets, volatility of historical daily returns of Enterprise Bancorp is lower than 19 () of all global equities and portfolios over the last 30 days. Use Enterprise Bancorp to enhance returns of your portfolios. The stock experiences large bullish trend. Check odds of Enterprise Bancorp to be traded at $32.48 in 30 days. . Enterprise Bancorp returns are very sensitive to returns on the market. As market goes up or down, Enterprise Bancorp is expected to follow.

Enterprise Bancorp correlation with market

correlation synergy
Very weak diversification
Overlapping area represents the amount of risk that can be diversified away by holding Enterprise Bancorp Inc and equity matching DJI index in the same portfolio.

Enterprise Bancorp Current Risk Indicators

Enterprise Bancorp Suggested Diversification Pairs

Additionally see Investing Opportunities. Please also try Aroon Oscillator module to analyze current equity momentum using aroon oscillator and other momentum ratios.
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