Projected Return Density against MarketAssuming 30 trading days horizon, the otc stock has beta coefficient of 2.7 indicating as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are expected to be negative, Littlefield will likely underperform. Additionally, Littlefield Corp has negative alpha implying that risk taken by holding this equity is not justified. The company is significantly underperforming S&P 500 Assuming 30 trading days horizon, the coefficient of variation of Littlefield is 3733.15. The daily returns are destributed with a variance of 31.41 and standard deviation of 5.6. The mean deviation of Littlefield Corp is currently at 3.6. For similar time horizon, the selected benchmark (S&P 500) has volatility of 0.46
Actual Return VolatilityLittlefield Corp accepts 5.6% volatility on return distribution over the 30 days horizon. S&P 500 shows 0.46% volatility of returns over 30 trading days.
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Littlefield Corp has a volatility of 5.6 and is 12.17 times more volatile than S&P 500. 60% of all equities and portfolios are less risky than Littlefield. Compared with the overall equity markets, volatility of historical daily returns of Littlefield Corp is higher than 60 (%) of all global equities and portfolios over the last 30 days. Use Littlefield Corp to protect against small markets fluctuations. The otc stock experiences normal downward fluctuation but is a risky buy. Check odds of Littlefield to be traded at 0.2475 in 30 days. As market goes up, the company is expected to significantly outperform it. However, if the market returns are negative, Littlefield will likely underperform.
Littlefield correlation with market
Littlefield Current Risk Indicators
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