Macroaxis considers TUPPERWARE relatively not risky. TUPPERWARE BRANDS
owns Efficiency Ratio (i.e. Sharpe Ratio) of -0.25 which indicates TUPPERWARE BRANDS
had -0.25% of return per unit of standard deviation 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
. TUPPERWARE BRANDS exposes twenty-six different technical indicators
which can help you to evaluate volatility that cannot be diversified away. Please be advised to validate TUPPERWARE Risk Adjusted Performance
of (0.20) and Coefficient Of Variation of (407.77) to make sure to check risk estimate we provide.
Projected Return Density against Market
Assuming 30 trading days horizon, TUPPERWARE has beta of 0.48 . This entails as returns on market go up, TUPPERWARE avarage returns are expected to increase less than the benchmark. However during bear market, the loss on holding TUPPERWARE BRANDS will be expected to be much smaller as well. Moreover, TUPPERWARE BRANDS has alpha of 0.48 implying that it can potentially generate 0.48% excess return over S&P 500 after adjusting for the inherited market risk (beta).
Predicted Return Density
Assuming 30 trading days horizon, the coefficient of variation of TUPPERWARE is -407.77. The daily returns are destributed with a variance of 3.39 and standard deviation of 1.84. The mean deviation of TUPPERWARE BRANDS is currently at 1.26. For similar time horizon, the selected benchmark (S&P 500) has volatility of 0.84
Actual Return Volatility
TUPPERWARE BRANDS assumes 1.84% volatility of returns over the 30 days investment horizon. S&P 500 shows 0.84% volatility of returns over 30 trading days.