We consider 500 Limited not very volatile. 500 Limited retains Efficiency (Sharpe Ratio) of 4.0E-4 which signifies that 500 Limited had 4.0E-4% of return per unit of price deviation over the last 2 months. Our way in which we are foreseeing volatility of a stock is to use all available market data together with company specific technical indicators that cannot be diversified away. We have found twenty-one technical indicators for 500 Limited which you can use to evaluate future volatility of the entity. Please confirm 500 Limited Standard Deviation of 3.85, Market Risk Adjusted Performance of
1.27 and Coefficient Of Variation of 1193.23 to double-check if risk estimate we provide are consistent with the epected return of 0.0015%.
|Time Horizon||30 Days Login to change|
500 Limited Market Sensitivity
|As returns on market increase, returns on owning 500 Limited are expected to decrease at a much smaller rate. During bear market, 500 Limited is likely to outperform the market.2 Months Beta |Analyze 500 Limited Demand TrendCheck current 30 days 500 Limited correlation with market (DOW)|
β = -0.2439
500 Limited Technical Analysis
Projected Return Density Against MarketGiven the investment horizon of 30 days, 500 Limited has beta of -0.2439 . This means as returns on benchmark increase, returns on holding 500 Limited are expected to decrease at a much smaller rate. During bear market, however, 500 Limited is likely to outperform the market. Moreover, 500 Limited has an alpha of 0.289 implying that it can potentially generate 0.289% excess return over DOW after adjusting for the inherited market risk (beta).
Predicted Return Density