Macroaxis considers F5 Networks not too risky given 1 month investment horizon. F5 Networks Inc retains Efficiency (Sharpe Ratio) of 0.4473 which denotes F5 Networks Inc had 0.4473% 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. By examining F5 Networks Inc technical indicators you can at this moment evaluate if the expected return of 0.5623% is justified by implied risk. Please utilize F5 Networks Inc Variance of 1.53, Market Risk Adjusted Performance of 0.2547 and Coefficient Of Variation of 278.01 to check if our risk estimates are consistent with your expectations.
|Investment Horizon||30 Days Login to change|
F5 Networks Market Sensitivity
|As market goes up, the company is expected to significantly outperform it. However, if the market returns are negative, F5 Networks will likely underperform.One Month Beta |Analyze F5 Networks Inc Demand TrendCheck current 30 days F5 Networks correlation with market (DOW)|
β = 1.7762
F5 Networks Inc Technical Analysis
Projected Return Density Against MarketGiven the investment horizon of 30 days, the stock has beta coefficient of 1.7762 suggesting as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are expected to be negative, F5 Networks will likely underperform. Moreover, F5 Networks Inc has an alpha of 0.1381 implying that it can potentially generate 0.1381% 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 223.56. The daily returns are destributed with a variance of 1.58 and standard deviation of 1.26. The mean deviation of F5 Networks Inc is currently at 1.0. For similar time horizon, the selected benchmark (DOW) has volatility of 0.5