Macroaxis considers Whirlpool not too risky given 1 month investment horizon. Whirlpool shows Sharpe Ratio of 0.2333 which attests that Whirlpool had 0.2333% of return per unit of risk over the last 1 month. Our philosophy towards determining 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 Whirlpool which you can use to evaluate future volatility of the organization. Please utilize Whirlpool Market Risk Adjusted Performance of
(0.54), Mean Deviation of 0.8464 and Downside Deviation of 0.9589 to validate if our risk estimates are consistent with your expectations.
|Investment Horizon||30 Days Login to change|
Whirlpool Market Sensitivity
|As returns on market increase, returns on owning Whirlpool are expected to decrease at a much smaller rate. During bear market, Whirlpool is likely to outperform the market.One Month Beta |Analyze Whirlpool Demand TrendCheck current 30 days Whirlpool correlation with market (DOW)|
β = -0.4462
Projected Return Density Against MarketConsidering 30-days investment horizon, Whirlpool Corporation has beta of -0.4462 . This means as returns on benchmark increase, returns on holding Whirlpool are expected to decrease at a much smaller rate. During bear market, however, Whirlpool Corporation is likely to outperform the market. Moreover, Whirlpool Corporation has an alpha of 0.328 implying that it can potentially generate 0.328% excess return over DOW after adjusting for the inherited market risk (beta).
Considering 30-days investment horizon, the coefficient of variation of Whirlpool is 428.62. The daily returns are destributed with a variance of 1.21 and standard deviation of 1.1. The mean deviation of Whirlpool Corporation is currently at 0.85. For similar time horizon, the selected benchmark (DOW) has volatility of 0.27