Macroaxis considers Ford Motor to be not very volatile. Ford Motor secures Sharpe Ratio (or Efficiency) of -0.015 which denotes Ford Motor had -0.015% of return per unit of risk over the last 2 months. Macroaxis philosophy towards predicting risk of any stock is to look at both systematic and un-systematic factors of the business, including all available market data and technical indicators. Ford Motor Company exposes twenty-one different technical indicators which can help you to evaluate volatility that cannot be diversified away. Please be advised to confirm Ford Motor Coefficient Of Variation of
(69,317) and Mean Deviation of 1.67 to check risk estimate we provide.
|Horizon||30 Days Login to change|
Ford Motor Market Sensitivity
|As returns on market increase, Ford Motor returns are expected to increase less than the market. However during bear market, the loss on holding Ford Motor will be expected to be smaller as well.2 Months Beta |Analyze Ford Motor Demand TrendCheck current 30 days Ford Motor correlation with market (DOW)|
β = 0.7625
Ford Motor Central Daily Price Deviation
Ford Motor Technical Analysis
Ford Motor Projected Return Density Against MarketTaking into account the 30 trading days horizon, Ford Motor has beta of 0.7625 suggesting as returns on market go up, Ford Motor average returns are expected to increase less than the benchmark. However during bear market, the loss on holding Ford Motor Company will be expected to be much smaller as well. Moreover, Ford Motor Company has an alpha of 0.0748 implying that it can potentially generate 0.0748% excess return over DOW after adjusting for the inherited market risk (beta).
Predicted Return Density
Taking into account the 30 trading days horizon, the coefficient of variation of Ford Motor is -6666.78. The daily returns are destributed with a variance of 6.08 and standard deviation of 2.47. The mean deviation of Ford Motor Company is currently at 1.69. For similar time horizon, the selected benchmark (DOW) has volatility of 1.29
|Alpha over DOW||=||0.07|
|Beta against DOW||=||0.76|
Ford Motor Return VolatilityFord Motor Company accepts 2.4656% volatility on return distribution over the 30 days horizon. DOW inherits 1.2919% risk (volatility on return distribution) over the 30 days horizon.
Ford Motor Company has a volatility of 2.47 and is 1.91 times more volatile than DOW. 22% of all equities and portfolios are less risky than Ford Motor. Compared to the overall equity markets, volatility of historical daily returns of Ford Motor Company is lower than 22 (%) of all global equities and portfolios over the last 30 days. Use Ford Motor Company to protect against small markets fluctuations. The stock experiences normal downward trend and little activity. Check odds of Ford Motor to be traded at $8.41 in 30 days. As returns on market increase, Ford Motor returns are expected to increase less than the market. However during bear market, the loss on holding Ford Motor will be expected to be smaller as well.
Ford Motor correlation with market