Sprint Risk Analysis And Volatility

S -- USA Stock  

  Trading Volume Increase

Macroaxis considers Sprint to be relatively risky. Sprint owns Efficiency Ratio (i.e. Sharpe Ratio) of -0.1391 which indicates the firm had -0.1391% of return per unit of risk over the last 3 months. 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-one 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 (2,153) and Risk Adjusted Performance of (0.040018) to confirm risk estimate we provide.
Interest Expense

90 Days Market Risk

Relatively risky

Chance of Distress in 24 months

Close to average

90 Days Economic Sensitivity

Follows market closely
Horizon     30 Days    Login   to change

Sprint Market Sensitivity

Sprint returns are very sensitive to returns on the market. As market goes up or down, Sprint is expected to follow.
3 Months Beta |Analyze Sprint Demand Trend
Check current 30 days Sprint correlation with market (DOW)
β = 0.8629

Sprint Central Daily Price Deviation

Sprint Technical Analysis

The output start index for this execution was zero with a total number of output elements of sixty-one. The Median Price line plots median indexes of Sprint price series. View also all equity analysis or get more info about median price price transform indicator.

Sprint Projected Return Density Against Market

Taking into account the 30 trading days horizon, Sprint has beta of 0.8629 . This entails Sprint Corporation market returns are sensible to returns on the market. As the market goes up or down, Sprint is expected to follow. Additionally, The company has a negative alpha implying that the risk taken by holding this equity is not justified. Sprint is significantly underperforming DOW.
 Predicted Return Density 
Taking into account the 30 trading days horizon, the coefficient of variation of Sprint is -718.85. The daily returns are destributed with a variance of 3.56 and standard deviation of 1.89. The mean deviation of Sprint Corporation is currently at 1.34. For similar time horizon, the selected benchmark (DOW) has volatility of 0.98
Alpha over DOW
Beta against DOW=0.86
Overall volatility
Information ratio =0.04

Sprint Return Volatility

the enterprise accepts 1.8866% volatility on return distribution over the 30 days horizon. the entity inherits 0.9885% risk (volatility on return distribution) over the 30 days horizon.
 Performance (%) 

Sprint Investment Opportunity

Sprint Corporation has a volatility of 1.89 and is 1.91 times more volatile than DOW. 16  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 16 () of all global equities and portfolios over the last 30 days. Use Sprint Corporation to protect your portfolios against small markets fluctuations. The stock experiences normal downward trend and little activity. Check odds of Sprint to be traded at $6.36 in 30 days. . Sprint returns are very sensitive to returns on the market. As market goes up or down, Sprint is expected to follow.

Sprint correlation with market

correlation synergy
Very weak 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.

Sprint Current Risk Indicators

Sprint Suggested Diversification Pairs

Also please take a look at World Market Map. Please also try Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.
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