We consider MSAD Insurance not too volatile. MSAD Insurance Group retains Efficiency (Sharpe Ratio) of 0.0903 which conveys that MSAD Insurance Group had 0.0903% of return per unit of return volatility over the last 1 month. 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-eight technical indicators for MSAD Insurance which you can use to evaluate future volatility of the firm. Please verify MSAD Insurance Group Holdings Inc Downside Deviation of 1.76, Market Risk Adjusted Performance of 0.2888 and Mean Deviation of 0.8571 to check out if risk estimate we provide are consistent with the epected return of 0.1109%.
|Investment Horizon||30 Days Login to change|
MSAD Insurance Market Sensitivity
|As returns on market increase, MSAD Insurance returns are expected to increase less than the market. However during bear market, the loss on holding MSAD Insurance will be expected to be smaller as well.One Month Beta |Analyze MSAD Insurance Group Demand TrendCheck current 30 days MSAD Insurance correlation with market (DOW)|
β = 0.246
Projected Return Density Against MarketAssuming 30 trading days horizon, MSAD Insurance has beta of 0.246 indicating as returns on market go up, MSAD Insurance average returns are expected to increase less than the benchmark. However during bear market, the loss on holding MSAD Insurance Group Holdings Inc will be expected to be much smaller as well. Moreover, MSAD Insurance Group Holdings Inc has an alpha of 0.0235 implying that it can potentially generate 0.0235% excess return over DOW after adjusting for the inherited market risk (beta).
Assuming 30 trading days horizon, the coefficient of variation of MSAD Insurance is 1107.26. The daily returns are destributed with a variance of 1.51 and standard deviation of 1.23. The mean deviation of MSAD Insurance Group Holdings Inc is currently at 0.85. For similar time horizon, the selected benchmark (DOW) has volatility of 0.27