Macroaxis considers Flushing Financial to be not too volatile. Flushing Financial secures Sharpe Ratio (or Efficiency) of -0.0021 which denotes the organization had -0.0021% of return per unit of risk over the last 3 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. Flushing Financial Corporation exposes twenty-one different technical indicators which can help you to evaluate volatility that cannot be diversified away. Please be advised to confirm Flushing Financial Mean Deviation of 1.21 and Coefficient Of Variation of
(10,700) to check risk estimate we provide.
90 Days Market Risk
Not too volatile
Chance of Distress in 24 months
Close to average
90 Days Economic Sensitivity
Follows market closely
|Horizon||30 Days Login to change|
Flushing Financial Market Sensitivity
|As returns on market increase, Flushing Financial returns are expected to increase less than the market. However during bear market, the loss on holding Flushing Financial will be expected to be smaller as well. 3 Months Beta |Analyze Flushing Financial Demand TrendCheck current 30 days Flushing Financial correlation with market (DOW)|
β = 0.761
Flushing Financial Central Daily Price Deviation
Flushing Financial Technical Analysis
Flushing Financial Projected Return Density Against MarketGiven the investment horizon of 30 days, Flushing Financial has beta of 0.761 suggesting as returns on market go up, Flushing Financial average returns are expected to increase less than the benchmark. However during bear market, the loss on holding Flushing Financial Corporation will be expected to be much smaller as well. Additionally, The company has a negative alpha implying that the risk taken by holding this equity is not justified. Flushing Financial is significantly underperforming DOW.
Predicted Return Density
Given the investment horizon of 30 days, the coefficient of variation of Flushing Financial is -47321.28. The daily returns are destributed with a variance of 2.62 and standard deviation of 1.62. The mean deviation of Flushing Financial Corporation is currently at 1.23. For similar time horizon, the selected benchmark (DOW) has volatility of 0.98
|Alpha over DOW||=||0.007|
|Beta against DOW||=||0.76|
Flushing Financial Return Volatilitythe company inherits 1.62% risk (volatility on return distribution) over the 30 days horizon. the entity inherits 0.989% risk (volatility on return distribution) over the 30 days horizon.
Flushing Financial Investment Opportunity
Flushing Financial Corporation has a volatility of 1.62 and is 1.64 times more volatile than DOW. 14 of all equities and portfolios are less risky than Flushing Financial. Compared to the overall equity markets, volatility of historical daily returns of Flushing Financial Corporation is lower than 14 () of all global equities and portfolios over the last 30 days. Use Flushing Financial Corporation to enhance returns of your portfolios. The stock experiences moderate upward volatility. Check odds of Flushing Financial to be traded at $23.96 in 30 days. . As returns on market increase, Flushing Financial returns are expected to increase less than the market. However during bear market, the loss on holding Flushing Financial will be expected to be smaller as well.
Flushing Financial correlation with market
Flushing Financial Current Risk Indicators
|Risk Adjusted Performance||(0.00525)|
|Market Risk Adjusted Performance||(0.022761)|
|Coefficient Of Variation||(10,700)|
Flushing Financial Suggested Diversification Pairs