VOXX International Risk Analysis

VOXX International Corporation -- USA Stock  

USD 6.85  0.1  1.48%

VOXX International is extremely risky given 1 month investment horizon. VOXX International owns Efficiency Ratio (i.e. Sharpe Ratio) of 0.2455 which indicates VOXX International had 0.2455% of return per unit of risk over the last 1 month. Our approach into measuring risk of a stock is to use both market data as well as company specific technical data. We found twenty-one different technical indicators which can help you to evaluate if expected returns of 1.1086% are justified by taking the suggested risk. Use VOXX International Semi Deviation of 2.16, Coefficient Of Variation of 490.66 and Risk Adjusted Performance of 0.0991 to evaluate company specific risk that cannot be diversified away.
 Time Horizon     30 Days    Login   to change

VOXX International Market Sensitivity

As returns on market increase, VOXX International returns are expected to increase less than the market. However during bear market, the loss on holding VOXX International will be expected to be smaller as well.
One Month Beta |Analyze VOXX International Demand Trend
Check current 30 days VOXX International correlation with market (DOW)
β = 0.7246
VOXX International Small BetaVOXX International Beta Legend

VOXX International Technical Analysis

Transformation
The output start index for this execution was zero with a total number of output elements of seventeen. VOXX International Average Price is the average of the sum of open, high, low and close daily prices of a bar. It can be used to smooth an indicator that normally takes just the closing price as input. View also all equity analysis or get more info about average price price transform indicator.

Projected Return Density Against Market

Given the investment horizon of 30 days, VOXX International has beta of 0.7246 . This entails as returns on market go up, VOXX International average returns are expected to increase less than the benchmark. However during bear market, the loss on holding VOXX International Corporation will be expected to be much smaller as well. Moreover, VOXX International Corporation has an alpha of 0.713 implying that it can potentially generate 0.713% excess return over DOW after adjusting for the inherited market risk (beta).
 Predicted Return Density 
      Returns 
Given the investment horizon of 30 days, the coefficient of variation of VOXX International is 407.26. The daily returns are destributed with a variance of 20.38 and standard deviation of 4.51. The mean deviation of VOXX International Corporation is currently at 2.74. For similar time horizon, the selected benchmark (DOW) has volatility of 0.44
α
Alpha over DOW
=0.71
β
Beta against DOW=0.72
σ
Overall volatility
=4.51
Ir
Information ratio =0.15

Actual Return Volatility

VOXX International Corporation inherits 4.5149% risk (volatility on return distribution) over the 30 days horizon. DOW inherits 0.4629% 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

30 Days Economic Sensitivity

Follows market closely

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 4.51 and is 9.8 times more volatile than DOW. 41% 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 41 (%) of all global equities and portfolios over the last 30 days. Use VOXX International Corporation to enhance returns of your portfolios. The stock experiences large bullish trend. Check odds of VOXX International to be traded at $7.54 in 30 days. As returns on market increase, VOXX International returns are expected to increase less than the market. However during bear market, the loss on holding VOXX International will be expected to be smaller as well.

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.