VOXX International Risk Analysis

VOXX International Corporation -- USA Stock  

USD 6.5  0.15  2.26%

Macroaxis considers VOXX International to be extremely risky. VOXX International owns Efficiency Ratio (i.e. Sharpe Ratio) of -0.1518 which indicates VOXX International had -0.1518% of return per unit of risk over the last 1 month. Macroaxis approach into 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. VOXX International Corporation exposes twenty-one different technical indicators which can help you to evaluate volatility that cannot be diversified away. Please be advised to validate VOXX International Coefficient Of Variation of (668.64) and Risk Adjusted Performance of (0.024654) to confirm risk estimate we provide.
Investment Horizon     30 Days    Login   to change

VOXX International Market Sensitivity

As market goes up, the company is expected to significantly outperform it. However, if the market returns are negative, VOXX International will likely underperform.
One Month Beta |Analyze VOXX International Demand Trend
Check current 30 days VOXX International correlation with market (DOW)
β = 1.6427
VOXX International Large BetaVOXX International Beta Legend

Projected Return Density Against Market

Given the investment horizon of 30 days, the stock has beta coefficient of 1.6427 . 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, VOXX International will likely underperform. Additionally, VOXX International 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 
Given the investment horizon of 30 days, the coefficient of variation of VOXX International is -658.59. The daily returns are destributed with a variance of 25.13 and standard deviation of 5.01. The mean deviation of VOXX International Corporation is currently at 2.47. For similar time horizon, the selected benchmark (DOW) has volatility of 0.23
α
Alpha over DOW
=(0.98) 
βBeta against DOW= 1.64 
σ
Overall volatility
= 5.01 
 IrInformation ratio =(0.18) 

Actual Return Volatility

VOXX International Corporation inherits 5.0125% risk (volatility on return distribution) over the 30 days horizon. DOW inherits 0.2303% risk (volatility on return distribution) over the 30 days horizon.
 Performance (%) 
      Timeline 

Market Risk Breakdown

VOXX International Volatility Factors

30 Days Market Risk

Extremely risky

Chance of Distress in 24 months

Below average

30 Days Economic Sensitivity

Very susceptible to market

Total Debt

VOXX International Total Debt History

Total Debt

Largest Trends

VOXX International Largest Period Trend

Investment Outlook

VOXX International Investment Opportunity
VOXX International Corporation has a volatility of 5.01 and is 21.78 times more volatile than DOW. 47% of all equities and portfolios are less risky than VOXX International. Compared to the overall equity markets, volatility of historical daily returns of VOXX International Corporation is lower than 47 (%) of all global equities and portfolios over the last 30 days. Use VOXX International Corporation to protect against small markets fluctuations. The stock experiences unexpected downward movement. The market is reacting to new fundamentals. Check odds of VOXX International to be traded at $6.24 in 30 days. As market goes up, the company is expected to significantly outperform it. However, if the market returns are negative, VOXX International will likely underperform.

VOXX International correlation with market

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

Volatility Indicators

VOXX International Current Risk Indicators