Macroaxis considers Market Creators to be moderately volatile. Market Creators Limited
has Sharpe Ratio of -0.2357 which conveys that Market Creators Limited
had -0.2357% of return per unit of risk over the last 1 month. Macroaxis philosophy towards estimating 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
. Market Creators exposes twenty-one different technical indicators
which can help you to evaluate volatility that cannot be diversified away. Please be advised to verify Market Creators Limited Mean Deviation
of 0.425 and Risk Adjusted Performance
of 0.09 to check out risk estimate we provide. Macroaxis gives Market Creators performance score of 0 on a scale of 0 to 100. The company secures Beta (Market Risk) of 0.7937 which conveys that as returns on market increase, Market Creators returns are expected to increase less than the market. However during bear market, the loss on holding Market Creators will be expected to be smaller as well.. Even though it is essential to pay attention to Market Creators Limited price patterns, it is always good to be careful when utilizing equity historical price patterns. Macroaxis philosophy towards estimating 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. Market Creators exposes twenty-one different technical indicators which can help you to evaluate its performance. Market Creators Limited has expected return of -0.2721%. Please be advised to verify Market Creators Limited Variance, Value At Risk as well as the relationship between Value At Risk and Skewness to decide if Market Creators Limited past performance will be repeated at some point in the near future.
|15 days auto-correlation|| 0.00 |
No correlation between past and present
Market Creators Limited has no correlation between past and present. Overlapping area represents the amount of predictability between Market Creators time series from August 24, 2018 to September 8, 2018 and September 8, 2018 to September 23, 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 Market Creators Limited price movement. The serial correlation of 0.0 indicates that just 0.0% of current Market Creators price fluctuation can be explain by its past prices.
|Spearman Rank Test||0.33|