Probiotec risk analysis

Use Probiotec Limited (#AU000000PBP7AU) risk analysis together with your other stock asset holdings to protect against small markets fluctuations as well as to check it against diversification policy that fits your risk preferences.  Optimize Portfolio

Projected Return Density against Market

Assuming 30 trading days horizon, Probiotec has beta of 0.52 . This implies as returns on market go up, Probiotec avarage returns are expected to increase less than the benchmark. However during bear market, the loss on holding Probiotec Limited will be expected to be much smaller as well. Moreover, Probiotec Limited has alpha of 0.52 implying that it can potentially generate 0.52% excess return over All Ords after adjusting for the inherited market risk (beta).Assuming 30 trading days horizon, the coefficient of variation of Probiotec is -2581.49. The daily returns are destributed with a variance of 10.61 and standard deviation of 3.26. The mean deviation of Probiotec Limited is currently at 1.95. For similar time horizon, the selected benchmark (All Ords) has volatility of 0.61

	(alpha)	=	0.52	Details
	(beta)	=	0.52	Details
	(volatility)	=	3.26	Details

Actual Return Volatility

Probiotec Limited assumes 3.26% volatility of returns over the 30 days investment horizon. All Ords shows 0.62% volatility of returns over 30 trading days.