Projected Return Density against MarketAssuming 30 trading days horizon, Pason Systems Inc has beta of -0.14 . This implies as returns on benchmark increase, returns on holding Pason are expected to decrease at a much smaller rate. During bear market, however, Pason Systems Inc is likely to outperform the market. Additionally, Pason Systems Inc has negative alpha implying that risk taken by holding this securing is not justified. The company is significantly underperforming S&P 500 Assuming 30 trading days horizon, the coefficient of variation of Pason is 342.17. The daily returns are destributed with a variance of 1.5 and standard deviation of 1.22. The mean deviation of Pason Systems Inc is currently at 0.79. For similar time horizon, the selected benchmark (S&P 500) has volatility of 0.54
Actual Return VolatilityPason Systems Inc accepts 1.23% volatility on return distribution over the 30 days horizon. S&P 500 shows 0.54% volatility of returns over 30 trading days.
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Pason Systems Inc has a volatility of 1.23 and is 2.28 times more volatile than S&P 500. 16% of all equities and portfolios are less risky than Pason. Compared with the overall equity markets, volatility of historical daily returns of Pason Systems Inc is lower than 16 (%) of all global equities and portfolios over the last 30 days. Use Pason Systems Inc to protect against small markets fluctuations. The otc stock experiences no pattern. Wait for more market signals and watch out for any hype. As returns on market increase, returns on owning Pason are expected to decrease at a much smaller rate. During bear market, Pason is likely to outperform the market.
Pason correlation with market
Pason Current Risk Indicators
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