Macroaxis considers Energy Today to be unknown risk. Energy Today Inc secures Sharpe Ratio (or Efficiency) of -0.2673 which denotes Energy Today Inc had -0.2673% of return per unit of risk over the last 1 month. Macroaxis philosophy towards predicting 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. Energy Today Inc exposes twenty-six different technical indicators which can help you to evaluate volatility that cannot be diversified away. Please be advised to confirm Energy Today Inc to check risk estimate we provide.
|Investment Horizon||30 Days Login to change|
Projected Return Density Against MarketGiven the investment horizon of 30 days, Energy Today has beta of 0.0 indicating unless we do not have required data, the returns on DOW and Energy Today are completely uncorrelated. Furthermore, Energy Today IncIt does not look like Energy Today alpha can have any bearing on the equity current valuation.
Given the investment horizon of 30 days, the coefficient of variation of Energy Today is -374.17. The daily returns are destributed with a variance of 4.96 and standard deviation of 2.23. The mean deviation of Energy Today Inc is currently at 1.11. For similar time horizon, the selected benchmark (DOW) has volatility of 0.23