We consider International Business very steady. International Business
holds Efficiency (Sharpe) Ratio of 0.0394 which attests that the entity had 0.0394% of return per unit of risk over the last 3 months. Our philosophy towards determining volatility of a stock is to use all available market data together with stock specific technical indicators
that cannot be diversified away. We have found twenty-one technical indicators
for International Business which you can use to evaluate future volatility of the corporation. Please check out International Business Market Risk Adjusted Performance
of 0.0701, Downside Deviation
of 1.69 and Risk Adjusted Performance
of 0.0538 to validate if risk estimate we provide are consistent with the epected return of 0.0572%. International Business has performance score of 2 on a scale of 0 to 100. The company retains Market Volatility (i.e. Beta) of 1.1602 which attests that as market goes up, the company is expected to significantly outperform it. However, if the market returns are negative, International Business will likely underperform. Although it is extremely important to respect International Business
current price history, it is better to be realistic regarding the information on equity current price movements. The philosophy towards determining future performance of any stock is to evaluate the business as a whole together with its past performance including all available fundamental and technical indicators
. By evaluating International Business technical indicators
you can presently evaluate if the expected return of 0.0572% will be sustainable into the future. International Business
right now retains a risk of 1.4535%. Please check out International Business Information Ratio
, Value At Risk
as well as the relationship
between Value At Risk and Expected Short fall
to decide if International Business will be following its current trending patterns.
International Business Machines has average predictability. Overlapping area represents the amount of predictability between International Business time series from June 22, 2019 to August 6, 2019 and August 6, 2019 to September 20, 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 International Business price movement. The serial correlation of 0.45 indicates that just about 45.0% of current International Business price fluctuation can be explain by its past prices.