Macroaxis considers Yuma Energy abnormally risky given 1 month investment horizon. Yuma Energy Inc shows Sharpe Ratio of 0.0992 which attests that Yuma Energy Inc had 0.0992% 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-eight technical indicators for Yuma Energy Inc which you can use to evaluate future volatility of the organization. Please utilize Yuma Energy Inc Market Risk Adjusted Performance of 0.1182, Mean Deviation of 3.34 and Downside Deviation of 4.1 to validate if our risk estimates are consistent with your expectations.
|Investment Horizon||30 Days Login to change|
Yuma Energy Market Sensitivity
|As market goes up, the company is expected to significantly outperform it. However, if the market returns are negative, Yuma Energy will likely underperform.One Month Beta |Analyze Yuma Energy Inc Demand TrendCheck current 30 days Yuma Energy correlation with market (DOW)|
β = 1.9715
Yuma Energy Inc Technical Analysis
Projected Return Density Against MarketGiven the investment horizon of 30 days, the stock has beta coefficient of 1.9715 . This means as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are expected to be negative, Yuma Energy will likely underperform. Additionally, Yuma Energy Inc has a negative alpha implying that the risk taken by holding this equity is not justified. The company is significantly underperforming DOW
Given the investment horizon of 30 days, the coefficient of variation of Yuma Energy is 1008.22. The daily returns are destributed with a variance of 22.34 and standard deviation of 4.73. The mean deviation of Yuma Energy Inc is currently at 3.46. For similar time horizon, the selected benchmark (DOW) has volatility of 0.5