We consider Equity LifeStyle not too risky. Equity LifeStyle Pro secures Sharpe Ratio (or Efficiency) of 0.1115 which denotes Equity LifeStyle Pro had 0.1115% 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 Equity LifeStyle Properties Inc which you can use to evaluate future volatility of the firm. Please confirm Equity LifeStyle Pro Coefficient Of Variation of 561.82, Mean Deviation of 0.5425 and Downside Deviation of 0.596 to check if risk estimate we provide are consistent with the epected return of 0.0734%.
|Investment Horizon||30 Days Login to change|
Equity LifeStyle Market Sensitivity
|As returns on market increase, Equity LifeStyle returns are expected to increase less than the market. However during bear market, the loss on holding Equity LifeStyle will be expected to be smaller as well.One Month Beta |Analyze Equity LifeStyle Pro Demand TrendCheck current 30 days Equity LifeStyle correlation with market (DOW)|
β = 0.8496
Equity LifeStyle Pro Technical Analysis
Projected Return Density Against MarketConsidering 30-days investment horizon, Equity LifeStyle has beta of 0.8496 suggesting as returns on market go up, Equity LifeStyle average returns are expected to increase less than the benchmark. However during bear market, the loss on holding Equity LifeStyle Properties Inc will be expected to be much smaller as well. Additionally, Equity LifeStyle Properties Inc has a negative alpha implying that the risk taken by holding this equity is not justified. The company is significantly underperforming DOW
Considering 30-days investment horizon, the coefficient of variation of Equity LifeStyle is 896.8. The daily returns are destributed with a variance of 0.43 and standard deviation of 0.66. The mean deviation of Equity LifeStyle Properties Inc is currently at 0.51. For similar time horizon, the selected benchmark (DOW) has volatility of 0.47