Macroaxis considers MetLife not too risky given 1 month investment horizon. MetLife Inc has Sharpe Ratio of 0.4192 which conveys that MetLife Inc had 0.4192% 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-seven technical indicators for MetLife which you can use to evaluate future volatility of the firm. Please exercise MetLife Inc Coefficient Of Variation of 232.59, Mean Deviation of 0.4397 and Risk Adjusted Performance of 0.1045 to check out if our risk estimates are consistent with your expectations.
|Investment Horizon||30 Days Login to change|
MetLife Market Sensitivity
|As returns on market increase, returns on owning MetLife are expected to decrease at a much smaller rate. During bear market, MetLife is likely to outperform the market.One Month Beta |Analyze MetLife Inc Demand TrendCheck current 30 days MetLife correlation with market (DOW)|
β = -0.0917
Projected Return Density Against MarketConsidering 30-days investment horizon, MetLife Inc has beta of -0.0917 indicating as returns on benchmark increase, returns on holding MetLife are expected to decrease at a much smaller rate. During bear market, however, MetLife Inc is likely to outperform the market. Moreover, MetLife Inc has an alpha of 0.2555 implying that it can potentially generate 0.2555% excess return over DOW after adjusting for the inherited market risk (beta).
Considering 30-days investment horizon, the coefficient of variation of MetLife is 238.58. The daily returns are destributed with a variance of 0.34 and standard deviation of 0.58. The mean deviation of MetLife Inc is currently at 0.43. For similar time horizon, the selected benchmark (DOW) has volatility of 0.23