Macroaxis considers Federated National not very risky given 1 month investment horizon. Federated National H secures Sharpe Ratio (or Efficiency) of 0.189 which denotes Federated National H had 0.189% 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-one 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 553.07, Mean Deviation of 1.34 and Downside Deviation of 1.39 to check if our risk estimates are consistent with your expectations.
|Investment Horizon||30 Days Login to change|
Federated National Market Sensitivity
|As returns on market increase, returns on owning Federated National are expected to decrease at a much smaller rate. During bear market, Federated National is likely to outperform the market.One Month Beta |Analyze Federated National H Demand TrendCheck current 30 days Federated National correlation with market (DOW)|
β = -0.0609
Federated National H Technical Analysis
Projected Return Density Against MarketGiven the investment horizon of 30 days, Federated National Holding Company has beta of -0.0609 suggesting as returns on benchmark increase, returns on holding Federated National are expected to decrease at a much smaller rate. During bear market, however, Federated National Holding Company is likely to outperform the market. Moreover, Federated National Holding Company has an alpha of 0.329 implying that it can potentially generate 0.329% 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 529.06. The daily returns are destributed with a variance of 3.35 and standard deviation of 1.83. The mean deviation of Federated National Holding Company is currently at 1.38. For similar time horizon, the selected benchmark (DOW) has volatility of 0.47