Macroaxis considers Realogy Holdings to be not too volatile. Realogy Holdings Corp maintains Sharpe Ratio (i.e. Efficiency) of -0.0872 which implies Realogy Holdings Corp had -0.0872% of return per unit of risk over the last 1 month. Macroaxis philosophy towards forecasting 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. Realogy Holdings Corp exposes twenty-eight different technical indicators which can help you to evaluate volatility that cannot be diversified away. Please be advised to check Realogy Holdings Corp Coefficient Of Variation of
(1,133) and Risk Adjusted Performance of (0.011655) to confirm risk estimate we provide.
|Investment Horizon||30 Days Login to change|
Realogy Holdings Market Sensitivity
|As market goes up, the company is expected to significantly outperform it. However, if the market returns are negative, Realogy Holdings will likely underperform.One Month Beta |Analyze Realogy Holdings Corp Demand TrendCheck current 30 days Realogy Holdings correlation with market (DOW)|
β = 2.2275
Projected Return Density Against MarketGiven the investment horizon of 30 days, the stock has beta coefficient of 2.2275 . This implies as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are expected to be negative, Realogy Holdings will likely underperform. Additionally, Realogy Holdings Corp has a negative alpha implying that the risk taken by holding this equity is not justified. The company is significantly underperforming DOW
Given the investment horizon of 30 days, the coefficient of variation of Realogy Holdings is -1146.18. The daily returns are destributed with a variance of 2.31 and standard deviation of 1.52. The mean deviation of Realogy Holdings Corp is currently at 1.09. For similar time horizon, the selected benchmark (DOW) has volatility of 0.23