Macroaxis considers National American abnormally risky given 1 month investment horizon. National American Un has Sharpe Ratio of 0.0859 which conveys that National American Un had 0.0859% 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-one technical indicators for National American which you can use to evaluate future volatility of the firm. Please exercise National American University Holdings Inc Downside Deviation of 4.26, Mean Deviation of 3.68 and Risk Adjusted Performance of 0.1029 to check out if our risk estimates are consistent with your expectations.
|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 at a much smaller rate. During bear market, National American is likely to outperform the market.One Month Beta |Analyze National American Un Demand TrendCheck current 30 days National American correlation with market (DOW)|
β = -0.2155
National American Un Technical Analysis
Projected Return Density Against MarketGiven the investment horizon of 30 days, National American University Holdings Inc has beta of -0.2155 indicating as returns on benchmark increase, returns on holding National American are expected to decrease at a much smaller rate. During bear market, however, National American University Holdings Inc is likely to outperform the market. Moreover, National American University Holdings Inc has an alpha of 0.9149 implying that it can potentially generate 0.9149% excess return over DOW after adjusting for the inherited market risk (beta).
Given the investment horizon of 30 days, the coefficient of variation of National American is 1163.54. The daily returns are destributed with a variance of 16.3 and standard deviation of 4.04. The mean deviation of National American University Holdings Inc is currently at 3.14. For similar time horizon, the selected benchmark (DOW) has volatility of 0.5