Cadus Risk Analysis And Volatility Evaluation

KDUS -- USA Stock  

USD 1.60  0.00  0.00%

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. We have found twenty-one technical indicators for Cadus Corporation which you can use to evaluate future volatility of the firm. Please confirm Cadus Mean Deviation of 0.1699 and Risk Adjusted Performance of 0.002778 to double-check if risk estimate we provide are consistent with the epected return of 0.0%.
 Time 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 = 0.0819
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 0.0819 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. Additionally, Cadus Corporation has a negative alpha implying that the risk taken by holding this equity is not justified. The company is significantly underperforming DOW
 Predicted Return Density 
      Returns 
α
Alpha over DOW
=0.02
β
Beta against DOW=0.08
σ
Overall volatility
=0.00
Ir
Information ratio =0.37

Actual Return Volatility

Cadus Corporation inherits 0.0% risk (volatility on return distribution) over the 30 days horizon. DOW inherits 0.5977% risk (volatility on return distribution) over the 30 days horizon.
 Performance (%) 
      Timeline 

Market Risk Breakdown

Cadus Volatility Factors

30 Days Market Risk

Not too risky

Chance of Distress in 24 months

Close to average

30 Days Economic Sensitivity

Barely shadows market

Investment Outlook

Cadus Investment Opportunity
DOW has a standard deviation of returns of 0.6 and is 9.223372036854776E16 times more volatile than Cadus Corporation. 0% 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 0 (%) of all global equities and portfolios over the last 30 days. Use Cadus Corporation to protect against small markets fluctuations. The stock experiences normal downward trend, but the immediate impact on correlations cannot be determined at the moment . Check odds of Cadus to be traded at $1.584 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

Average 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.
Please see also Stocks Correlation. Please also try Crypto Portfolio Optimizer module to optimize portfolio of digital coins and token across multiple currency and exchanges.
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