Macroaxis considers Intel not too volatile given 1 month investment horizon. Intel holds Efficiency (Sharpe) Ratio of 0.2374 which attests that Intel had 0.2374% 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-one technical indicators for Intel which you can use to evaluate future volatility of the corporation. Please utilize Intel Downside Deviation of 1.66, Market Risk Adjusted Performance of
0.60 and Risk Adjusted Performance of 0.2721 to validate if our risk estimates are consistent with your expectations.
|Time Horizon||30 Days Login to change|
Intel Market Sensitivity
|As returns on market increase, returns on owning Intel are expected to decrease at a much smaller rate. During bear market, Intel is likely to outperform the market.One Month Beta |Analyze Intel Demand TrendCheck current 30 days Intel correlation with market (DOW)|
β = -0.7583
Intel Technical Analysis
Projected Return Density Against MarketGiven the investment horizon of 30 days, Intel Corporation has beta of -0.7583 . This indicates as returns on benchmark increase, returns on holding Intel are expected to decrease at a much smaller rate. During bear market, however, Intel Corporation is likely to outperform the market. Moreover, Intel Corporation has an alpha of 0.3117 implying that it can potentially generate 0.3117% excess return over DOW after adjusting for the inherited market risk (beta).
Given the investment horizon of 30 days, the coefficient of variation of Intel is 421.19. The daily returns are destributed with a variance of 3.12 and standard deviation of 1.77. The mean deviation of Intel Corporation is currently at 1.44. For similar time horizon, the selected benchmark (DOW) has volatility of 1.01