Macroaxis considers Monitronics International unstable given 3 months investment horizon. Monitronics International
has Sharpe Ratio of 0.0525 which conveys that the firm had 0.0525% of return per unit of risk over the last 3 months. Our philosophy towards estimating 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 Monitronics International which you can use to evaluate future volatility of the firm. Please exercise Monitronics International Mean Deviation
of 2.34, Risk Adjusted Performance
of 0.058 and Downside Deviation
of 4.88 to check out if our risk estimates are consistent with your expectations. On a scale of 0 to 100 Monitronics International holds performance score of 3. The company secures Beta (Market Risk) of -0.6404 which conveys that as returns on market increase, returns on owning Monitronics International are expected to decrease at a much smaller rate. During bear market, Monitronics International is likely to outperform the market. Although it is vital to follow to Monitronics International price patterns
, it is good to be conservative about what you can actually do with the information regarding equity historical price patterns
. The philosophy towards estimating 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 analyzing Monitronics International technical indicators
you can presently evaluate if the expected return of 0.301% will be sustainable into the future. Please exercises Monitronics International Variance
and Potential Upside
to make a quick decision on weather Monitronics International current price movements will revert.
No correlation between past and present
Monitronics International has no correlation between past and present. Overlapping area represents the amount of predictability between Monitronics International time series from July 18, 2019 to September 1, 2019 and September 1, 2019 to October 16, 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 Monitronics International price movement. The serial correlation of 0.0 indicates that just 0.0% of current Monitronics International price fluctuation can be explain by its past prices.