Macroaxis considers Booz Allen to be not too risky. Booz Allen Hamilton
secures Sharpe Ratio (or Efficiency) of -0.048 which signifies that Booz Allen Hamilton
had -0.048% of return per unit of risk over the last 1 month. Macroaxis philosophy towards foreseeing 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
. Booz Allen Hamilton Holding Corporation exposes twenty-one different technical indicators
which can help you to evaluate volatility that cannot be diversified away. Please be advised to confirm Booz Allen Hamilton Risk Adjusted Performance
of 0.07 and Mean Deviation of 0.581 to double-check risk estimate we provide. Macroaxis gives Booz Allen performance score of 0 on a scale of 0 to 100. The firm shows Beta (market volatility) of 0.6783 which signifies that as returns on market increase, Booz Allen returns are expected to increase less than the market. However during bear market, the loss on holding Booz Allen will be expected to be smaller as well.. Even though it is essential to pay attention to Booz Allen Hamilton historical returns, it is always good to be careful when utilizing equity current trending patterns. Macroaxis philosophy towards foreseeing future performance of any stock is to check both, its past performance charts as well as the business as a whole, including all available technical indicators. Booz Allen Hamilton Holding Corporation exposes twenty-one different technical indicators which can help you to evaluate its performance. Booz Allen Hamilton has expected return of -0.0463%. Please be advised to confirm Booz Allen Hamilton Maximum Drawdown, Semi Variance and the relationship between Jensen Alpha and Potential Upside to decide if Booz Allen Hamilton past performance will be repeated at some point in the near future.
|15 days auto-correlation||(0.74) |
Almost perfect reverse predictability
Booz Allen Hamilton Holding Corporation has almost perfect reverse predictability. Overlapping area represents the amount of predictability between Booz Allen time series from September 21, 2018 to October 6, 2018 and October 6, 2018 to October 21, 2018. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Booz Allen Hamilton price movement. The serial correlation of -0.74 indicates that around 74.0% of current Booz Allen price fluctuation can be explain by its past prices. Given that Booz Allen Hamilton Holding Corporation has negative autocorrelation for selected time horizon, investors may consider taking a contrarian position regarding future price movement of Booz Allen for similar time interval.
|Spearman Rank Test||-0.13|