Cadus is abnormally risky given 1 month investment horizon. Cadus secures Sharpe Ratio (or Efficiency) of 0.2457 which signifies that Cadus had 0.2457% of return per unit of standard deviation over the last 1 month. Our philosophy in foreseeing risk of a stock is to use both market data as well as company specific technical data. We found twenty-one different technical indicators which can help you to evaluate if expected returns of 1.3858% are justified by taking the suggested risk. Use Cadus Mean Deviation of 2.43 and Risk Adjusted Performance of 0.0637 to evaluate company specific risk that cannot be diversified away.
|Investment Horizon||30 Days Login to change|
Cadus Market Sensitivity
|As returns on market increase, returns on owning Cadus are expected to decrease by larger amounts. On the other hand, during market turmoil, Cadus is expected to significantly outperform it.One Month Beta |Analyze Cadus Demand TrendCheck current 30 days Cadus correlation with market (DOW)|
β = -9.7808
Projected Return Density Against MarketGiven the investment horizon of 30 days, Cadus Corporation has beta of -9.7808 indicating as returns on its benchmark rise, returns on holding Cadus Corporation are expected to decrease by similarly larger amounts. On the other hand, during market turmoils, Cadus is expected to outperform its benchmark. In addition to that, Cadus Corporation has an alpha of 2.5405 implying that it can potentially generate 2.5405% excess return over DOW after adjusting for the inherited market risk (beta).
Given the investment horizon of 30 days, the coefficient of variation of Cadus is 407.07. The daily returns are destributed with a variance of 31.82 and standard deviation of 5.64. The mean deviation of Cadus Corporation is currently at 2.41. For similar time horizon, the selected benchmark (DOW) has volatility of 0.23