Joy Global Risk Analysis And Volatility Evaluation

JOY -- USA Stock  

USD 28.30  0.01  0.0353%

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 Joy Global which you can use to evaluate future volatility of the corporation. Please check out Joy Global to validate if risk estimate we provide are consistent with the epected return of 0.0%.
 Time Horizon     30 Days    Login   to change

Joy Global Technical Analysis

Transformation
The output start index for this execution was zero with a total number of output elements of seventeen. Joy Global Average Price is the average of the sum of open, high, low and close daily prices of a bar. It can be used to smooth an indicator that normally takes just the closing price as input. View also all equity analysis or get more info about average price price transform indicator.

Projected Return Density Against Market

Considering 30-days investment horizon, Joy Global has beta of 0.0 . This indicates unless we do not have required data, the returns on DOW and Joy Global are completely uncorrelated. Furthermore, Joy GlobalIt does not look like Joy Global alpha can have any bearing on the equity current valuation.
 Predicted Return Density 
      Returns 
α
Alpha over DOW
=0.00
β
Beta against DOW=0.00
σ
Overall volatility
=0.00
Ir
Information ratio =0.00

Actual Return Volatility

Joy Global has volatility of 0.0% on return distribution over 30 days investment horizon. DOW inherits 0.5978% risk (volatility on return distribution) over the 30 days horizon.
 Performance (%) 
      Timeline 

Market Risk Breakdown

Joy Global Volatility Factors

30 Days Market Risk

Not too risky

Chance of Distress in 24 months

Close to average

30 Days Economic Sensitivity

Market Insensitive

Investment Outlook

Joy Global Investment Opportunity
DOW has a standard deviation of returns of 0.6 and is 9.223372036854776E16 times more volatile than Joy Global. 0% of all equities and portfolios are less risky than Joy Global. Compared to the overall equity markets, volatility of historical daily returns of Joy Global is lower than 0 (%) of all global equities and portfolios over the last 30 days.

Joy Global Current Risk Indicators

Please also check Risk vs Return Analysis. Please also try Portfolio Manager module to state of the art portfolio manager to monitor and improve performance of your invested capital.
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