Macroaxis considers Facebook not too risky given 1 month investment horizon. Facebook secures Sharpe Ratio (or Efficiency) of 0.3369 which denotes Facebook had 0.3369% of return per unit of standard deviation over the last 1 month. Our philosophy in 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 Facebook technical indicators you can presently evaluate if the expected return of 0.6931% is justified by implied risk. Please utilize Facebook Downside Deviation of 0.791, Mean Deviation of 1.24 and Coefficient Of Variation of 294.91 to check if our risk estimates are consistent with your expectations.
|Time Horizon||30 Days Login to change|
Facebook Technical Analysis
Projected Return Density Against MarketAllowing for the 30-days total investment horizon, Facebook has beta of 0.0 suggesting unless we do not have required data, the returns on DOW and Facebook are completely uncorrelated. Furthermore, FacebookIt does not look like Facebook alpha can have any bearing on the equity current valuation.
Predicted Return Density