Macroaxis considers Federated National not very risky given 1 month investment horizon. Federated National H secures Sharpe Ratio (or Efficiency) of 0.1263 which denotes Federated National H had 0.1263% of return per unit of risk over the last 1 month. Our philosophy towards 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-eight technical indicators for Federated National Holding Company which you can use to evaluate future volatility of the firm. Please utilize Federated National H Coefficient Of Variation of 749.53, Mean Deviation of 1.85 and Downside Deviation of 2.73 to check if our risk estimates are consistent with your expectations.
|Time Horizon||30 Days Login to change|
Federated National Market Sensitivity
|As returns on market increase, Federated National returns are expected to increase less than the market. However during bear market, the loss on holding Federated National will be expected to be smaller as well.One Month Beta |Analyze Federated National H Demand TrendCheck current 30 days Federated National correlation with market (DOW)|
β = 0.1265
Federated National H Technical Analysis
Projected Return Density Against MarketGiven the investment horizon of 30 days, Federated National has beta of 0.1265 suggesting as returns on market go up, Federated National average returns are expected to increase less than the benchmark. However during bear market, the loss on holding Federated National Holding Company will be expected to be much smaller as well. Moreover, Federated National Holding Company has an alpha of 0.3568 implying that it can potentially generate 0.3568% excess return over DOW after adjusting for the inherited market risk (beta).
Given the investment horizon of 30 days, the coefficient of variation of Federated National is 791.58. The daily returns are destributed with a variance of 6.88 and standard deviation of 2.62. The mean deviation of Federated National Holding Company is currently at 1.79. For similar time horizon, the selected benchmark (DOW) has volatility of 1.04