Macroaxis considers MetLife to be not too volatile. MetLife has Sharpe Ratio of -0.133 which conveys that MetLife had -0.133% of return per unit of risk over the last 2 months. 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. MetLife exposes twenty-eight different technical indicators which can help you to evaluate volatility that cannot be diversified away. Please be advised to verify MetLife Mean Deviation of 1.61 and Risk Adjusted Performance of
(0.07) to check out risk estimate we provide.
|Horizon||30 Days Login to change|
MetLife Market Sensitivity
|MetLife returns are very sensitive to returns on the market. As market goes up or down, MetLife is expected to follow.2 Months Beta |Analyze MetLife Demand TrendCheck current 30 days MetLife correlation with market (DOW)|
β = 1.023
MetLife Central Daily Price Deviation
MetLife Technical Analysis
MetLife Projected Return Density Against MarketConsidering 30-days investment horizon, the stock has beta coefficient of 1.023 indicating MetLife market returns are very sensitive to returns on the market. As the market benchmark goes up or down, MetLife is expected to follow. Additionally, MetLife 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
Considering 30-days investment horizon, the coefficient of variation of MetLife is -752.12. The daily returns are destributed with a variance of 3.82 and standard deviation of 1.95. The mean deviation of MetLife is currently at 1.52. For similar time horizon, the selected benchmark (DOW) has volatility of 1.29
|Alpha over DOW||=||0.0088|
|Beta against DOW||=||1.02|
MetLife Return VolatilityMetLife has volatility of 1.9549% on return distribution over 30 days investment horizon. DOW inherits 1.2765% risk (volatility on return distribution) over the 30 days horizon.
MetLife has a volatility of 1.95 and is 1.52 times more volatile than DOW. 17% of all equities and portfolios are less risky than MetLife. Compared to the overall equity markets, volatility of historical daily returns of MetLife is lower than 17 (%) of all global equities and portfolios over the last 30 days. Use MetLife to protect against small markets fluctuations. The stock experiences somewhat bearish sentiment, but market may correct it shortly. Check odds of MetLife to be traded at $37.72 in 30 days. MetLife returns are very sensitive to returns on the market. As market goes up or down, MetLife is expected to follow.
MetLife correlation with market