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 TrendCheck current 30 days VOXX International correlation with market (DOW)|
β = 0.7246
VOXX International Technical Analysis
Projected Return Density Against MarketGiven 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).
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