Macroaxis considers National American to be extremely volatile. National American Un has Sharpe Ratio of -0.3473 which conveys that National American Un had -0.3473% 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. National American exposes twenty-one different technical indicators which can help you to evaluate volatility that cannot be diversified away. Please be advised to verify National American University Holdings Inc Mean Deviation of 1.91 and Risk Adjusted Performance of
(0.084338) to check out risk estimate we provide.
|Investment Horizon||30 Days Login to change|
National American Market Sensitivity
|As returns on market increase, returns on owning National American are expected to decrease by larger amounts. On the other hand, during market turmoil, National American is expected to significantly outperform it.One Month Beta |Analyze National American Un Demand TrendCheck current 30 days National American correlation with market (DOW)|
β = -2.8693
Projected Return Density Against MarketGiven the investment horizon of 30 days, National American University Holdings Inc has beta of -2.8693 indicating as returns on its benchmark rise, returns on holding National American University Holdings Inc are expected to decrease by similarly larger amounts. On the other hand, during market turmoils, National American is expected to outperform its benchmark. Additionally, National American University Holdings Inc has a negative alpha implying that the risk taken by holding this equity is not justified. The company is significantly underperforming DOW
Given the investment horizon of 30 days, the coefficient of variation of National American is -287.91. The daily returns are destributed with a variance of 5.54 and standard deviation of 2.35. The mean deviation of National American University Holdings Inc is currently at 1.8. For similar time horizon, the selected benchmark (DOW) has volatility of 0.23