We consider Littlefield abnormally risky. Littlefield
has Sharpe Ratio of 0.03 which conveys that Littlefield
had 0.03% of return per unit of risk over the last 1 month. Our philosophy towards estimating 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 Littlefield which you can use to evaluate future volatility of the firm. Please verify Littlefield Corp Mean Deviation
of 2.26 and Risk Adjusted Performance
of 0.0314 to check out if risk estimate we provide are consistent with the epected return of 0.16%.
Projected Return Density against Market
Assuming 30 trading days horizon, Littlefield Corp has beta of -3.49 indicating as returns on its benchmark rise, returns on holding Littlefield Corp are expected to decrease by similarly larger amounts. On the other hand, during market turmoils, Littlefield is expected to outperform its benchmark. Additionally, Littlefield Corp has negative alpha implying that risk taken by holding this securing is not justified. The company is significantly underperforming S&P 500
Predicted Return Density
Assuming 30 trading days horizon, the coefficient of variation of Littlefield is 3688.12. The daily returns are destributed with a variance of 33.3 and standard deviation of 5.77. The mean deviation of Littlefield Corp is currently at 2.26. For similar time horizon, the selected benchmark (S&P 500) has volatility of 0.84
Actual Return Volatility
Littlefield Corp accepts 5.77% volatility on return distribution over the 30 days horizon. S&P 500 shows 0.84% volatility of returns over 30 trading days.