Sprint Risk Analysis

Sprint Corporation -- USA Stock  

USD 7.11  0.04  0.56%

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 Trend
Check current 30 days Sprint correlation with market (DOW)
β = 1.7584
Sprint Large BetaSprint Beta Legend

Projected Return Density Against Market

Taking 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
 Predicted Return Density 
      Returns 
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
α
Alpha over DOW
=(0.52) 
βBeta against DOW= 1.76 
σ
Overall volatility
= 3.11 
 IrInformation ratio =(0.14) 

Actual Return Volatility

Sprint Corporation accepts 3.1086% volatility on return distribution over the 30 days horizon. DOW inherits 0.2342% risk (volatility on return distribution) over the 30 days horizon.
 Performance (%) 
      Timeline 

Market Risk Breakdown

Sprint Volatility Factors

30 Days Market Risk

Risky

Chance of Distress in 24 months

Close to average

30 Days Economic Sensitivity

Very susceptible to market

Total Debt

Sprint Total Debt History

Total Debt

Largest Trends

Sprint Largest Period Trend

Investment Outlook

Sprint Investment Opportunity
Sprint Corporation has a volatility of 3.11 and is 13.52 times more volatile than DOW. 29% of all equities and portfolios are less risky than Sprint. Compared to the overall equity markets, volatility of historical daily returns of Sprint Corporation is lower than 29 (%) of all global equities and portfolios over the last 30 days. Use Sprint Corporation to protect against small markets fluctuations. The stock experiences moderate downward daily trend and can be a good diversifier. Check odds of Sprint to be traded at $6.97 in 30 days. As market goes up, the company is expected to significantly outperform it. However, if the market returns are negative, Sprint will likely underperform.

Sprint correlation with market

Average diversification
Overlapping area represents the amount of risk that can be diversified away by holding Sprint Corp. and equity matching DJI index in the same portfolio.