Macroaxis considers Yuma Energy to be abnormally risky. Yuma Energy Inc shows Sharpe Ratio of -0.3201 which attests that Yuma Energy Inc had -0.3201% of return per unit of risk over the last 1 month. Macroaxis philosophy towards determining 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. Yuma Energy Inc exposes twenty-one different technical indicators which can help you to evaluate volatility that cannot be diversified away. Please be advised to check out Yuma Energy Inc Market Risk Adjusted Performance of 0.1124 and Mean Deviation of 3.77 to validate risk estimate we provide.
|Investment Horizon||30 Days Login to change|
Yuma Energy Market Sensitivity
|As returns on market increase, returns on owning Yuma Energy are expected to decrease by larger amounts. On the other hand, during market turmoil, Yuma Energy is expected to significantly outperform it.One Month Beta |Analyze Yuma Energy Inc Demand TrendCheck current 30 days Yuma Energy correlation with market (DOW)|
β = -10.1089
Projected Return Density Against MarketGiven the investment horizon of 30 days, Yuma Energy Inc has beta of -10.1089 . This means as returns on its benchmark rise, returns on holding Yuma Energy Inc are expected to decrease by similarly larger amounts. On the other hand, during market turmoils, Yuma Energy is expected to outperform its benchmark. Moreover, Yuma Energy Inc has an alpha of 0.2181 implying that it can potentially generate 0.2181% excess return over DOW after adjusting for the inherited market risk (beta).
Given the investment horizon of 30 days, the coefficient of variation of Yuma Energy is -312.41. The daily returns are destributed with a variance of 26.88 and standard deviation of 5.18. The mean deviation of Yuma Energy Inc is currently at 3.29. For similar time horizon, the selected benchmark (DOW) has volatility of 0.23