|Sprint Corporation -- USA Stock|| |
USD 6.89 0.04 0.58%
Macroaxis gives Sprint performance score of 0 on a scale of 0 to 100. The entity has beta of 0.6944 which indicates as returns on market increase, Sprint returns are expected to increase less than the market. However during bear market, the loss on holding Sprint will be expected to be smaller as well.. Even though it is essential to pay attention to Sprint
current price movements, it is always good to be careful when utilizing equity historical returns. Macroaxis philosophy towards measuring future performance of any stock is to check both, its past performance charts as well as the business as a whole, including all available technical indicators
. Sprint Corporation exposes twenty-eight different technical indicators which can help you to evaluate its performance. Sprint
has expected return of -0.5919%. Please be advised to validate Sprint Total Risk Alpha
, Downside Variance
as well as the relationship
between Downside Variance and Daily Balance Of Power
to decide if Sprint
past performance will be repeated at some point in the near future.
Relative Risk vs. Return Landscape
If you would invest 782
in Sprint Corporation on September 23, 2017
and sell it today you would lose (93)
from holding Sprint Corporation or give up 11.89%
of portfolio value over 30
days. Sprint Corporation is generating negative expected returns and assumes 1.3821% volatility on return distribution over the 30 days horizon. Put is differently, 12% of equities are less volatile than the company and over 99% of traded equities are expected to make higher returns on investment over the next 30 days.
Daily Expected Return (%)
Taking into account the 30 trading days horizon, Sprint Corporation is expected to under-perform the market. In addition to that, the company is 5.37 times more volatile than its market benchmark. It trades about -0.43 of its total potential returns per unit of risk. The DOW is currently generating roughly 0.84 per unit of volatility.
Sprint Daily Price Distribution
The median price of Sprint for the period between Sat, Sep 23, 2017 and Mon, Oct 23, 2017 is 7.5 with a coefficient of variation of 5.52. The daily time series for the period is distributed with a sample standard deviation of 0.41, arithmetic mean of 7.49, and mean deviation of 0.35. The Stock received some media coverage during the period.