|International Business Machines Corporation -- USA Stock|| |
USD 160.9 1.17 0.72%
On a scale of 0 to 100 International Business holds performance score of 18. The company retains Market Volatility (i.e. Beta) of 3.2775 which attests that as market goes up, the company is expected to significantly outperform it. However, if the market returns are negative, International Business will likely underperform.. 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
. We have found twenty technical indicators
for International Business which you can use to evaluate performance of the corporation. Please utilizes International Business Jensen Alpha
, Potential Upside
as well as the relationship
between Potential Upside and Skewness
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 14,513
in International Business Machines Corporation on September 22, 2017
and sell it today you would earn a total of 1,694
from holding International Business Machines Corporation or generate 11.67%
return on investment over 30
days. International Business Machines Corporation is generating 0.5446% of daily returns assuming volatility of 1.968% on return distribution over 30 days investment horizon. In other words, 18% of equities are less volatile than the company and above 90% 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 7.3 times more return on investment than the market. However, the company is 7.3 times more volatile than its market benchmark. It trades about 0.28 of its potential returns per unit of risk. The DOW is currently generating roughly 0.73 per unit of risk.
International Business Daily Price Distribution
The median price of International Business for the period between Fri, Sep 22, 2017 and Sun, Oct 22, 2017 is 146.72 with a coefficient of variation of 3.45. The daily time series for the period is distributed with a sample standard deviation of 5.12, arithmetic mean of 148.45, and mean deviation of 3.38. The Stock received some media coverage during the period.