ELECTRONIC CONTROL is out of control given 3 months investment horizon. ELECTRONIC CONTROL
secures Sharpe Ratio (or Efficiency) of 0.0784 which denotes the organization had 0.0784% of return per unit of return volatility over the last 3 months. Our approach into predicting risk of a stock is to use both market data as well as company specific technical data. We found twenty-one different technical indicators
which can help you to evaluate if expected returns of 1.0789% are justified by taking the suggested risk. Use ELECTRONIC CONTROL Downside Deviation
of 21.88 and Mean Deviation
of 5.29 to evaluate company specific risk that cannot be diversified away. ELECTRONIC CONTROL holds performance score of 5 on a scale of zero to a hundred. The firm shows Beta (market volatility) of 0.0585 which denotes to the fact that as returns on market increase, ELECTRONIC CONTROL returns are expected to increase less than the market. However during bear market, the loss on holding ELECTRONIC CONTROL will be expected to be smaller as well. Although it is vital to follow to ELECTRONIC CONTROL
historical returns, it is good to be conservative about what you can actually do with the information regarding equity current trending patterns. Macroaxis approach into predicting future performance of any stock is to look not only at its past charts but also at the business as a whole, including all fundamental and technical indicators
. To evaluate if ELECTRONIC CONTROL SECURITY INC expected return of 1.0789 will be sustainable into the future, we have found twenty-one different technical indicators
which can help you to check if the expected returns are sustainable. Use ELECTRONIC CONTROL Variance
as well as the relationship
between Value At Risk
to analyze future returns on ELECTRONIC CONTROL.
Very weak reverse predictability
ELECTRONIC CONTROL SECURITY INC has very weak reverse predictability. Overlapping area represents the amount of predictability between ELECTRONIC CONTROL time series from July 23, 2019 to September 6, 2019 and September 6, 2019 to October 21, 2019. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of ELECTRONIC CONTROL price movement. The serial correlation of -0.01 indicates that just 1.0% of current ELECTRONIC CONTROL price fluctuation can be explain by its past prices. Given that ELECTRONIC CONTROL SECURITY INC has negative autocorrelation for selected time horizon, investors may consider taking a contrarian position regarding future price movement of ELECTRONIC CONTROL for similar time interval.