Macroaxis considers Standard relatively not risky. Standard Chartered PLC
owns Efficiency Ratio (i.e. Sharpe Ratio) of -0.27 which indicates Standard Chartered PLC
had -0.27% 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
. Standard Chartered PLC exposes twenty-eight different technical indicators
which can help you to evaluate volatility that cannot be diversified away. Please be advised to validate Standard Semi Deviation
of 3.04, Coefficient Of Variation
of (365.00) and Risk Adjusted Performance of (0.15) to confirm risk estimate we provide.
Projected Return Density against Market
Assuming 30 trading days horizon, Standard has beta of 0.9 . This entails Standard Chartered PLC market returns are very sensitive to returns on the market. As the market benchmark goes up or down, Standard is expected to follow. Additionally, Standard Chartered PLC has negative alpha implying that risk taken by holding this equity is not justified. The company is significantly underperforming S&P 500
Predicted Return Density
Assuming 30 trading days horizon, the coefficient of variation of Standard is -365.0. The daily returns are destributed with a variance of 3.65 and standard deviation of 1.91. The mean deviation of Standard Chartered PLC is currently at 1.15. For similar time horizon, the selected benchmark (S&P 500) has volatility of 0.56
Actual Return Volatility
Standard Chartered PLC assumes 1.91% volatility of returns over the 30 days investment horizon. S&P 500 shows 0.56% volatility of returns over 30 trading days.