Edwards Lifesciences Risk Analysis And Volatility Evaluation

EW -- USA Stock  

USD 152.18  0.69  0.45%

Macroaxis considers Edwards Lifesciences not too risky given 1 month investment horizon. Edwards Lifesciences secures Sharpe Ratio (or Efficiency) of 0.5468 which denotes Edwards Lifesciences had 0.5468% 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. By reviewing Edwards Lifesciences technical indicators you can presently evaluate if the expected return of 0.5938% is justified by implied risk. Please utilize Edwards Lifesciences Standard Deviation of 1.15, Mean Deviation of 0.8252 and Coefficient Of Variation of 262.86 to check if our risk estimates are consistent with your expectations.
 Time Horizon     30 Days    Login   to change

Edwards Lifesciences Technical Analysis

Transformation
The output start index for this execution was zero with a total number of output elements of seventeen. Edwards Lifesciences 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.

Projected Return Density Against Market

Allowing for the 30-days total investment horizon, Edwards Lifesciences has beta of 0.0 suggesting unless we do not have required data, the returns on DOW and Edwards Lifesciences are completely uncorrelated. Furthermore, Edwards Lifesciences CorporationIt does not look like Edwards Lifesciences alpha can have any bearing on the equity current valuation.
 Predicted Return Density 
      Returns 
Allowing for the 30-days total investment horizon, the coefficient of variation of Edwards Lifesciences is 182.89. The daily returns are destributed with a variance of 1.18 and standard deviation of 1.09. The mean deviation of Edwards Lifesciences Corporation is currently at 0.78. For similar time horizon, the selected benchmark (DOW) has volatility of 0.0
α
Alpha over DOW
=0.00
β
Beta against DOW=0.00
σ
Overall volatility
=1.09
Ir
Information ratio =0.38

Actual Return Volatility

Edwards Lifesciences Corporation accepts 1.0859% volatility on return distribution over the 30 days horizon. DOW inherits 0.6072% risk (volatility on return distribution) over the 30 days horizon.
 Performance (%) 
      Timeline 

Market Risk Breakdown

Edwards Lifesciences Volatility Factors

30 Days Market Risk

Not too risky

Chance of Distress in 24 months

Almost imposible

30 Days Economic Sensitivity

Market Insensitive

Investment Outlook

Edwards Lifesciences Investment Opportunity
Edwards Lifesciences Corporation has a volatility of 1.09 and is 1.79 times more volatile than DOW. 10% of all equities and portfolios are less risky than Edwards Lifesciences. Compared to the overall equity markets, volatility of historical daily returns of Edwards Lifesciences Corporation is lower than 10 (%) of all global equities and portfolios over the last 30 days.

Total Debt

Edwards Lifesciences Total Debt History

Total Debt

Volatility Indicators

Edwards Lifesciences Current Risk Indicators
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