We consider International Business not too risky. International Business holds Efficiency (Sharpe) Ratio of 0.1287 which attests that International Business had 0.1287% of return per unit of risk over the last 1 month. Our philosophy towards determining 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 International Business which you can use to evaluate future volatility of the corporation. Please check out International Business Downside Deviation of 0.3721, Market Risk Adjusted Performance of 0.1098 and Risk Adjusted Performance of 0.0354 to validate if risk estimate we provide are consistent with the epected return of 0.063%.
|Investment Horizon||30 Days Login to change|
International Business Market Sensitivity
|As returns on market increase, International Business returns are expected to increase less than the market. However during bear market, the loss on holding International Business will be expected to be smaller as well.One Month Beta |Analyze International Business Demand TrendCheck current 30 days International Business correlation with market (DOW)|
β = 0.5392
Projected Return Density Against MarketConsidering 30-days investment horizon, International Business has beta of 0.5392 . This indicates as returns on market go up, International Business average returns are expected to increase less than the benchmark. However during bear market, the loss on holding International Business Machines Corporation will be expected to be much smaller as well. Additionally, International Business Machines Corporation has a negative alpha implying that the risk taken by holding this equity is not justified. The company is significantly underperforming DOW
Considering 30-days investment horizon, the coefficient of variation of International Business is 776.78. The daily returns are destributed with a variance of 0.24 and standard deviation of 0.49. The mean deviation of International Business Machines Corporation is currently at 0.38. For similar time horizon, the selected benchmark (DOW) has volatility of 0.23