We consider MSAD Insurance not too volatile. MSAD Insurance Group retains Efficiency (Sharpe Ratio) of 0.0899 which conveys that MSAD Insurance Group had 0.0899% of return per unit of return volatility over the last 2 months. Our way of 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 MSAD Insurance which you can use to evaluate future volatility of the firm. Please verify MSAD Insurance Group Holdings Downside Deviation of 1.69, Market Risk Adjusted Performance of
0.28 and Mean Deviation of 0.8303 to check out if risk estimate we provide are consistent with the epected return of 0.1215%.
|Time Horizon||30 Days Login to change|
MSAD Insurance Market Sensitivity
|As returns on market increase, returns on owning MSAD Insurance are expected to decrease at a much smaller rate. During bear market, MSAD Insurance is likely to outperform the market.2 Months Beta |Analyze MSAD Insurance Group Demand TrendCheck current 30 days MSAD Insurance correlation with market (DOW)|
β = -0.274
MSAD Insurance Group Technical Analysis
Projected Return Density Against MarketAssuming 30 trading days horizon, MSAD Insurance Group Holdings has beta of -0.274 indicating as returns on benchmark increase, returns on holding MSAD Insurance are expected to decrease at a much smaller rate. During bear market, however, MSAD Insurance Group Holdings is likely to outperform the market. Moreover, MSAD Insurance Group Holdings has an alpha of 0.0694 implying that it can potentially generate 0.0694% excess return over DOW after adjusting for the inherited market risk (beta).
Predicted Return Density