Cadus Risk Analysis

Cadus Corporation -- USA Stock  

USD 1.45  0.01  0.68%

Macroaxis considers Cadus exceptionally risky given 1 month investment horizon. Cadus secures Sharpe Ratio (or Efficiency) of 0.196 which signifies that Cadus had 0.196% of return per unit of standard deviation over the last 1 month. Our philosophy in foreseeing volatility of a stock is to use all available market data together with company specific technical indicators that cannot be diversified away. By analyzing Cadus technical indicators you can presently evaluate if the expected return of 0.643% is justified by implied risk. Please makes use of Cadus Mean Deviation of 1.46 and Risk Adjusted Performance of 0.1048 to double-check if our risk estimates are consistent with your expectations.
Investment Horizon     30 Days    Login   to change

Cadus Market Sensitivity

As returns on market increase, Cadus returns are expected to increase less than the market. However during bear market, the loss on holding Cadus will be expected to be smaller as well.
One Month Beta |Analyze Cadus Demand Trend
Check current 30 days Cadus correlation with market (DOW)
β = 0.4639
Cadus Small BetaCadus Beta Legend

Cadus Technical Analysis

Transformation
The output start index for this execution was zero with a total number of output elements of seventeen. Cadus 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

Given the investment horizon of 30 days, Cadus has beta of 0.4639 indicating as returns on market go up, Cadus average returns are expected to increase less than the benchmark. However during bear market, the loss on holding Cadus Corporation will be expected to be much smaller as well. Moreover, Cadus Corporation has an alpha of 0.522 implying that it can potentially generate 0.522% excess return over DOW after adjusting for the inherited market risk (beta).
 Predicted Return Density 
      Returns 
Given the investment horizon of 30 days, the coefficient of variation of Cadus is 510.3. The daily returns are destributed with a variance of 10.77 and standard deviation of 3.28. The mean deviation of Cadus Corporation is currently at 1.52. For similar time horizon, the selected benchmark (DOW) has volatility of 0.47
α
Alpha over DOW
=0.52
βBeta against DOW=0.46
σ
Overall volatility
=3.28
 IrInformation ratio =0.12

Actual Return Volatility

Cadus Corporation inherits 3.2811% risk (volatility on return distribution) over the 30 days horizon. DOW inherits 0.4491% risk (volatility on return distribution) over the 30 days horizon.
 Performance (%) 
      Timeline 

Market Risk Breakdown

Cadus Volatility Factors

30 Days Market Risk

Exceptionally risky

Chance of Distress in 24 months

Below average

30 Days Economic Sensitivity

Slowly supersedes market

Largest Trends

Cadus Largest Period Trend

Investment Outlook

Cadus Investment Opportunity
Cadus Corporation has a volatility of 3.28 and is 7.29 times more volatile than DOW. 30% of all equities and portfolios are less risky than Cadus. Compared to the overall equity markets, volatility of historical daily returns of Cadus Corporation is lower than 30 (%) of all global equities and portfolios over the last 30 days. Use Cadus Corporation to protect against small markets fluctuations. The stock experiences moderate downward daily trend and can be a good diversifier. Check odds of Cadus to be traded at $1.421 in 30 days. As returns on market increase, Cadus returns are expected to increase less than the market. However during bear market, the loss on holding Cadus will be expected to be smaller as well.

Cadus correlation with market

Significant diversification
Overlapping area represents the amount of risk that can be diversified away by holding Cadus Corp. and equity matching DJI index in the same portfolio.