|International Business Machines Corporation -- USA Stock|| |
USD 160.09 0.56 0.35%
On a scale of 0 to 100 International Business holds performance score of 16. The company retains Market Volatility (i.e. Beta) of -0.2319 which attests that as returns on market increase, returns on owning International Business are expected to decrease at a much smaller rate. During bear market, International Business is likely to outperform the market.. Although it is vital to follow to International Business
current price history, it is good to be conservative about what you can actually do with the information regarding equity current price movements. The philosophy towards determining future performance of any stock is to evaluate the business as a whole together with its past performance including all available fundamental and technical indicators
. By evaluating International Business technical indicators
you can presently evaluate if the expected return of 0.4619% will be sustainable into the future. Please utilizes International Business Skewness
, and the relationship
between Potential Upside
and Rate Of Daily Change
to make a quick decision on weather International Business Machines Corporation current trending patternss will revert.
Relative Risk vs. Return Landscape
If you would invest 14,439
in International Business Machines Corporation on September 19, 2017
and sell it today you would earn a total of 1,555
from holding International Business Machines Corporation or generate 10.77%
return on investment over 30
days. International Business Machines Corporation is generating 0.4619% of daily returns assuming volatility of 1.893% on return distribution over 30 days investment horizon. In other words, 17% of equities are less volatile than the company and above 91% of equities are expected to generate higher returns over the next 30 days.
Daily Expected Return (%)
Considering 30-days investment horizon, International Business Machines Corporation is expected to generate 8.22 times more return on investment than the market. However, the company is 8.22 times more volatile than its market benchmark. It trades about 0.24 of its potential returns per unit of risk. The DOW is currently generating roughly 0.55 per unit of risk.
International Business Daily Price Distribution
The median price of International Business for the period between Tue, Sep 19, 2017 and Thu, Oct 19, 2017 is 146.56 with a coefficient of variation of 2.01. The daily time series for the period is distributed with a sample standard deviation of 2.96, arithmetic mean of 146.96, and mean deviation of 1.4. The Stock received some media coverage during the period.