Macroaxis considers AGRICULTURAL BANK to be somewhat reliable. AGRICULTURAL BANK secures Sharpe Ratio (or Efficiency) of -0.0467 which signifies that the organization had -0.0467% of return per unit of risk over the last 3 months. Macroaxis philosophy towards foreseeing 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. AGRICULTURAL BANK OF CHINA exposes twenty-one different technical indicators which can help you to evaluate volatility that cannot be diversified away. Please be advised to confirm AGRICULTURAL BANK Mean Deviation of 0.7588 and Risk Adjusted Performance of
(0.038024) to double-check risk estimate we provide.
90 Days Market Risk
Chance of Distress in 24 months
Close to average
90 Days Economic Sensitivity
Follows market closely
|Horizon||30 Days Login to change|
AGRICULTURAL BANK Market Sensitivity
|As returns on market increase, AGRICULTURAL BANK returns are expected to increase less than the market. However during bear market, the loss on holding AGRICULTURAL BANK will be expected to be smaller as well. 3 Months Beta |Analyze AGRICULTURAL BANK Demand TrendCheck current 30 days AGRICULTURAL BANK correlation with market (DOW)|
β = 0.5433
AGRICULTURAL BANK Central Daily Price Deviation
AGRICULTURAL BANK Technical Analysis
AGRICULTURAL BANK Projected Return Density Against MarketAssuming 30 trading days horizon, AGRICULTURAL BANK has beta of 0.5433 . This suggests as returns on market go up, AGRICULTURAL BANK average returns are expected to increase less than the benchmark. However during bear market, the loss on holding AGRICULTURAL BANK OF CHINA will be expected to be much smaller as well. Additionally, The company has a negative alpha implying that the risk taken by holding this equity is not justified. AGRICULTURAL BANK is significantly underperforming DOW.
Predicted Return Density
Assuming 30 trading days horizon, the coefficient of variation of AGRICULTURAL BANK is -2139.99. The daily returns are destributed with a variance of 1.08 and standard deviation of 1.04. The mean deviation of AGRICULTURAL BANK OF CHINA is currently at 0.76. For similar time horizon, the selected benchmark (DOW) has volatility of 0.97
|Alpha over DOW||=||0.04|
|Beta against DOW||=||0.54|
AGRICULTURAL BANK Return Volatilitythe company shows 1.0373% volatility of returns over 30 trading days. the entity inherits 0.9803% risk (volatility on return distribution) over the 30 days horizon.
AGRICULTURAL BANK Investment Opportunity
AGRICULTURAL BANK OF CHINA has a volatility of 1.04 and is 1.06 times more volatile than DOW. 9 of all equities and portfolios are less risky than AGRICULTURAL BANK. Compared to the overall equity markets, volatility of historical daily returns of AGRICULTURAL BANK OF CHINA is lower than 9 () of all global equities and portfolios over the last 30 days. Use AGRICULTURAL BANK OF CHINA to enhance returns of your portfolios. The otc stock experiences large bullish trend. Check odds of AGRICULTURAL BANK to be traded at $10.99 in 30 days. . As returns on market increase, AGRICULTURAL BANK returns are expected to increase less than the market. However during bear market, the loss on holding AGRICULTURAL BANK will be expected to be smaller as well.
AGRICULTURAL BANK correlation with market
AGRICULTURAL BANK Current Risk Indicators
|Risk Adjusted Performance||(0.038024)|
|Market Risk Adjusted Performance||(0.08)|
|Coefficient Of Variation||(2,517)|
AGRICULTURAL BANK Suggested Diversification Pairs