Macroaxis considers Visa to be not too risky. Visa Inc owns Efficiency Ratio (i.e. Sharpe Ratio) of -0.0337 which indicates Visa Inc had -0.0337% 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. Visa Inc exposes twenty-one different technical indicators which can help you to evaluate volatility that cannot be diversified away. Please be advised to validate Visa Coefficient Of Variation of
32,015 and Risk Adjusted Performance of 0.003924 to confirm risk estimate we provide.
|Time Horizon||30 Days Login to change|
Visa Market Sensitivity
|Visa returns are very sensitive to returns on the market. As market goes up or down, Visa is expected to follow.One Month Beta |Analyze Visa Inc Demand TrendCheck current 30 days Visa correlation with market (DOW)|
β = 1.113
Visa Inc Technical Analysis
Projected Return Density Against MarketTaking into account the 30 trading days horizon, the stock has beta coefficient of 1.113 . This entails Visa Inc market returns are very sensitive to returns on the market. As the market benchmark goes up or down, Visa is expected to follow. Moreover, Visa Inc has an alpha of 0.1983 implying that it can potentially generate 0.1983% excess return over DOW after adjusting for the inherited market risk (beta).
Taking into account the 30 trading days horizon, the coefficient of variation of Visa is -2969.99. The daily returns are destributed with a variance of 3.92 and standard deviation of 1.98. The mean deviation of Visa Inc is currently at 1.36. For similar time horizon, the selected benchmark (DOW) has volatility of 1.71