Macroaxis considers A L to be unknown risk. A L D secures Sharpe Ratio (or Efficiency) of -0.0738 which signifies that the company had -0.0738% of return per unit of return volatility over the last 2 months. Macroaxis philosophy in 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. A L D Advanced Logistics Developments Ltd exposes twenty-one different technical indicators which can help you to evaluate volatility that cannot be diversified away. Please be advised to confirm A L D Mean Deviation of 2.82, Downside Deviation of 3.88 and Coefficient Of Variation of 380.2 to double-check risk estimate we provide.
60 Days Market Risk
Chance of Distress in 24 months
60 Days Economic Sensitivity
|Horizon||30 Days Login to change|
A L Market Sensitivity
|As returns on market increase, returns on owning A L are expected to decrease at a much smaller rate. During bear market, A L is likely to outperform the market. 2 Months Beta |Analyze A L D Demand TrendCheck current 30 days A L correlation with market (DOW)|
β = -0.7242
A L Central Daily Price Deviation
A L D Technical Analysis
We are not able to run technical analysis function on this symbol. We either do not have that equity or its historical data is not available at this time. Please try again later.
A L Projected Return Density Against MarketAssuming 30 trading days horizon, A L D Advanced Logistics Developments Ltd has beta of -0.7242 . This suggests as returns on benchmark increase, returns on holding A L are expected to decrease at a much smaller rate. During bear market, however, A L D Advanced Logistics Developments Ltd is likely to outperform the market. In addition to that, The company has an alpha of 1.1662 implying that it can potentially generate 1.1662% excess return over DOW after adjusting for the inherited market risk (beta).
Predicted Return Density
Assuming 30 trading days horizon, the coefficient of variation of A L is -1355.43. The daily returns are destributed with a variance of 14.86 and standard deviation of 3.86. The mean deviation of A L D Advanced Logistics Developments Ltd is currently at 2.76. For similar time horizon, the selected benchmark (DOW) has volatility of 0.64
|Alpha over DOW||=||1.17|
|Beta against DOW||=||0.72|
A L Return Volatilitythe company assumes 3.8551% volatility of returns over the 30 days investment horizon. the entity inherits 0.5925% risk (volatility on return distribution) over the 30 days horizon.
A L Investment Opportunity
A L D Advanced Logistics Developments Ltd has a volatility of 3.86 and is 6.54 times more volatile than DOW. 34% of all equities and portfolios are less risky than A L. Compared to the overall equity markets, volatility of historical daily returns of A L D Advanced Logistics Developments Ltd is lower than 34 (%) of all global equities and portfolios over the last 30 days. Use A L D Advanced Logistics Developments Ltd to protect your portfolios against small markets fluctuations. The stock experiences somewhat bearish sentiment, but market may correct it shortly. Check odds of A L to be traded at S307.49 in 30 days. . As returns on market increase, returns on owning A L are expected to decrease at a much smaller rate. During bear market, A L is likely to outperform the market.
A L correlation with market
A L Current Risk Indicators
|Risk Adjusted Performance||0.1764|
|Market Risk Adjusted Performance||(1.49)|
|Coefficient Of Variation||380.2|
A L Suggested Diversification Pairs
|Microsoft vs. A L|
|Twitter vs. A L|
|Alphabet vs. A L|
|Citigroup vs. A L|
|Visa vs. A L|
|Bio Path vs. A L|
|Vanguard REIT vs. A L|
|MFS Growth vs. A L|
|GM vs. A L|
|Salesforce vs. A L|
|Jabil vs. A L|