Macroaxis considers Ingram Micro to be unknown risk. Ingram Micro Inc holds Efficiency (Sharpe) Ratio of -0.2802 which attests that Ingram Micro Inc had -0.2802% of return per unit of risk over the last 1 month. Macroaxis philosophy towards determining risk of any stock is to look at both systematic and un-systematic factors of the business, including all available market data and technical indicators. Ingram Micro Inc exposes twenty-one different technical indicators which can help you to evaluate volatility that cannot be diversified away. Please be advised to check out Ingram Micro Market Risk Adjusted Performance of 0.344 and Risk Adjusted Performance of
(0.079554) to validate risk estimate we provide.
|Investment Horizon||30 Days Login to change|
Ingram Micro Market Sensitivity
|As returns on market increase, returns on owning Ingram Micro are expected to decrease at a much smaller rate. During bear market, Ingram Micro is likely to outperform the market.One Month Beta |Analyze Ingram Micro Inc Demand TrendCheck current 30 days Ingram Micro correlation with market (DOW)|
β = -0.4728
Projected Return Density Against MarketAllowing for the 30-days total investment horizon, Ingram Micro Inc has beta of -0.4728 . This indicates as returns on benchmark increase, returns on holding Ingram Micro are expected to decrease at a much smaller rate. During bear market, however, Ingram Micro Inc is likely to outperform the market. Additionally, Ingram Micro Inc has a negative alpha implying that the risk taken by holding this equity is not justified. The company is significantly underperforming DOW
Allowing for the 30-days total investment horizon, the coefficient of variation of Ingram Micro is -356.85. The daily returns are destributed with a variance of 0.29 and standard deviation of 0.54. The mean deviation of Ingram Micro Inc is currently at 0.34. For similar time horizon, the selected benchmark (DOW) has volatility of 0.27