Macroaxis considers HUGO BOSS to be not too risky. HUGO BOSS AG
holds Efficiency (Sharpe) Ratio of -0.036 which attests that HUGO BOSS AG
had -0.036% of return per unit of return volatility over the last 2 months. Macroaxis way of 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
. HUGO BOSS AG exposes twenty-one different technical indicators
which can help you to evaluate volatility that cannot be diversified away. Please be advised to check out HUGO BOSS Market Risk Adjusted Performance
of (0.12) and Risk Adjusted Performance of (0.006687) to validate risk estimate we provide. Macroaxis gives HUGO BOSS performance score of 0 on a scale of 0 to 100. The company retains Market Volatility (i.e. Beta) of 0.1938 which attests that as returns on market increase, HUGO BOSS returns are expected to increase less than the market. However during bear market, the loss on holding HUGO BOSS will be expected to be smaller as well.. Even though it is essential to pay attention to HUGO BOSS AG current price history, it is always good to be careful when utilizing equity current price movements. Macroaxis way of determining 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. HUGO BOSS AG exposes twenty-one different technical indicators which can help you to evaluate its performance. HUGO BOSS AG has expected return of -0.071%. Please be advised to check out HUGO BOSS Coefficient Of Variation, Variance and the relationship between Downside Deviation and Standard Deviation to decide if HUGO BOSS AG past performance will be repeated at future time.
|15 days auto-correlation|| 0.05 |
Virtually no predictability
HUGO BOSS AG NA O N has virtually no predictability. Overlapping area represents the amount of predictability between HUGO BOSS time series from October 11, 2018 to November 10, 2018 and November 10, 2018 to December 10, 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 HUGO BOSS AG price movement. The serial correlation of 0.05 indicates that only as little as 5.0% of current HUGO BOSS price fluctuation can be explain by its past prices.
|Spearman Rank Test||-0.23|