Macroaxis considers National American abnormally risky given 1 month investment horizon. National American Un has Sharpe Ratio of 0.075 which conveys that National American Un had 0.075% 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. By analyzing National American Un technical indicators you can presently evaluate if the expected return of 0.7618% is justified by implied risk. Please exercise National American University Holdings Inc Downside Deviation of 4.61, Mean Deviation of 5.02 and Risk Adjusted Performance of 0.085 to check out if our risk estimates are consistent with your expectations.
|Time Horizon||30 Days Login to change|
National American Market Sensitivity
|As market goes up, the company is expected to significantly outperform it. However, if the market returns are negative, National American will likely underperform.One Month Beta |Analyze National American Un Demand TrendCheck current 30 days National American correlation with market (DOW)|
β = 1.1536
National American Un Technical Analysis
Projected Return Density Against MarketGiven the investment horizon of 30 days, the stock has beta coefficient of 1.1536 indicating as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are expected to be negative, National American will likely underperform. Moreover, National American University Holdings Inc has an alpha of 0.9353 implying that it can potentially generate 0.9353% 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 1332.96. The daily returns are destributed with a variance of 103.11 and standard deviation of 10.15. The mean deviation of National American University Holdings Inc is currently at 4.82. For similar time horizon, the selected benchmark (DOW) has volatility of 0.99