Macroaxis considers Mobile not very risky. Mobile Telesystems OJSC has Sharpe Ratio of -0.12 which conveys that Mobile Telesystems OJSC had -0.12% of return per unit of risk over the last 1 month. Macroaxis philosophy towards estimating risk of any stock is to look at both systematic and un-systematic factors of the business, including all available market data and technical indicators. Mobile exposes twenty-seven different technical indicators which can help you to evaluate volatility that cannot be diversified away. Please be advised to verify Mobile Telesystems OJSC Downside Deviation of 2.62, Mean Deviation of 1.62 and Risk Adjusted Performance of (0.10) to check out risk estimate we provide.

Projected Return Density against Market

Considering 30-days investment horizon, the stock has beta cooficient of 1.41 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, Mobile will likely underperform. In addition to that, Mobile Telesystems OJSC has alpha of 1.41 implying that it can potentially generate 1.41% excess return over S&P 500 after adjusting for the inherited market risk (beta).Considering 30-days investment horizon, the coefficient of variation of Mobile is -832.9. The daily returns are destributed with a variance of 4.08 and standard deviation of 2.02. The mean deviation of Mobile Telesystems OJSC is currently at 1.62. For similar time horizon, the selected benchmark (S&P 500) has volatility of 0.84

	(alpha)	=	1.41	Details
	(beta)	=	1.41	Details
	(volatility)	=	2.02	Details

Actual Return Volatility

Mobile Telesystems OJSC has volatility of 2.02% on return distribution over 30 days investment horizon. S&P 500 shows 0.84% volatility of returns over 30 trading days.