We consider F5 Networks not too risky. F5 Networks Inc retains Efficiency (Sharpe Ratio) of 0.0404 which denotes F5 Networks Inc had 0.0404% of return per unit of price deviation over the last 1 month. Our way in which we are 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 F5 Networks which you can use to evaluate future volatility of the entity. Please confirm F5 Networks Inc Standard Deviation of 2.11, Market Risk Adjusted Performance of 0.1731 and Downside Deviation of 3.25 to check if risk estimate we provide are consistent with the epected return of 0.0849%.
|Time Horizon||30 Days Login to change|
F5 Networks Market Sensitivity
|As returns on market increase, F5 Networks returns are expected to increase less than the market. However during bear market, the loss on holding F5 Networks will be expected to be smaller as well.One Month Beta |Analyze F5 Networks Inc Demand TrendCheck current 30 days F5 Networks correlation with market (DOW)|
β = 0.775
F5 Networks Inc Technical Analysis
Projected Return Density Against MarketGiven the investment horizon of 30 days, F5 Networks has beta of 0.775 suggesting as returns on market go up, F5 Networks average returns are expected to increase less than the benchmark. However during bear market, the loss on holding F5 Networks Inc will be expected to be much smaller as well. Moreover, F5 Networks Inc has an alpha of 0.3186 implying that it can potentially generate 0.3186% excess return over DOW after adjusting for the inherited market risk (beta).
Given the investment horizon of 30 days, the coefficient of variation of F5 Networks is 2477.75. The daily returns are destributed with a variance of 4.42 and standard deviation of 2.1. The mean deviation of F5 Networks Inc is currently at 1.5. For similar time horizon, the selected benchmark (DOW) has volatility of 1.71