Projected Return Density against MarketAssuming 30 trading days horizon, the otc stock has beta cooficient of 3.33 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, Federal will likely underperform. In addition to that, Federal National Mortgage Association has alpha of 3.33 implying that it can potentially generate 3.33% excess return over S&P 500 after adjusting for the inherited market risk (beta). Assuming 30 trading days horizon, the coefficient of variation of Federal is 579.9. The daily returns are destributed with a variance of 21.65 and standard deviation of 4.65. The mean deviation of Federal National Mortgage Association is currently at 2.38. For similar time horizon, the selected benchmark (S&P 500) has volatility of 0.55
Actual Return VolatilityFederal National Mortgage Association accepts 4.65% volatility on return distribution over the 30 days horizon. S&P 500 shows 0.55% volatility of returns over 30 trading days.
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Federal National Mortgage Association has a volatility of 4.65 and is 8.45 times more volatile than S&P 500. 61% of all equities and portfolios are less risky than Federal. Compared with the overall equity markets, volatility of historical daily returns of Federal National Mortgage Association is higher than 61 (%) of all global equities and portfolios over the last 30 days. Use Federal National Mortgage Association to protect against small markets fluctuations. The otc stock experiences no pattern. Wait for more market signals and watch out for any hype. As market goes up, the company is expected to significantly outperform it. However, if the market returns are negative, Federal will likely underperform.
Federal correlation with market
Federal Current Risk Indicators
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