Macroaxis considers Sprint to be risky. Sprint owns Efficiency Ratio (i.e. Sharpe Ratio) of -0.0945 which indicates Sprint had -0.0945% of return per unit of risk over the last 1 month. Macroaxis philosophy towards measuring 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. Sprint Corporation exposes twenty-eight different technical indicators which can help you to evaluate volatility that cannot be diversified away. Please be advised to validate Sprint Coefficient Of Variation of
(1,059) and Risk Adjusted Performance of (0.012545) to confirm risk estimate we provide.
|Investment Horizon||30 Days Login to change|
Sprint Market Sensitivity
|As market goes up, the company is expected to significantly outperform it. However, if the market returns are negative, Sprint will likely underperform.One Month Beta |Analyze Sprint Demand TrendCheck current 30 days Sprint correlation with market (DOW)|
β = 1.7584
Projected Return Density Against MarketTaking into account the 30 trading days horizon, the stock has beta coefficient of 1.7584 . This entails as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are expected to be negative, Sprint will likely underperform. Additionally, Sprint Corporation has a negative alpha implying that the risk taken by holding this equity is not justified. The company is significantly underperforming DOW
Taking into account the 30 trading days horizon, the coefficient of variation of Sprint is -1058.03. The daily returns are destributed with a variance of 9.66 and standard deviation of 3.11. The mean deviation of Sprint Corporation is currently at 1.97. For similar time horizon, the selected benchmark (DOW) has volatility of 0.23