A10 Networks Risk Analysis And Volatility

ATEN -- USA Stock  

Quarterly Earning Report: October 29, 2019  

Macroaxis considers A10 Networks to be relatively risky. A10 Networks retains Efficiency (Sharpe Ratio) of -0.1102 which signifies that the company had -0.1102% of return per unit of price deviation over the last 3 months. Macroaxis way in which we are 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. A10 Networks exposes twenty-one different technical indicators which can help you to evaluate volatility that cannot be diversified away. Please be advised to confirm A10 Networks Standard Deviation of 2.09, Coefficient Of Variation of (1,588) and Market Risk Adjusted Performance of (0.19) to double-check risk estimate we provide.
Interest Expense

90 Days Market Risk

Relatively risky

Chance of Distress in 24 months

Very Small

90 Days Economic Sensitivity

Follows market closely
Horizon     30 Days    Login   to change

A10 Networks Market Sensitivity

As returns on market increase, A10 Networks returns are expected to increase less than the market. However during bear market, the loss on holding A10 Networks will be expected to be smaller as well.
3 Months Beta |Analyze A10 Networks Demand Trend
Check current 30 days A10 Networks correlation with market (DOW)
β = 0.7235

A10 Networks Central Daily Price Deviation

A10 Networks Technical Analysis

Transformation
The output start index for this execution was zero with a total number of output elements of sixty-one. Developed by Larry Williams, the Weighted Close is the average of A10 Networks high, low and close of a chart with the close values weighted twice. It can be used to smooth an indicator that normally takes only A10 Networks closing price as input. View also all equity analysis or get more info about weighted close price price transform indicator.

A10 Networks Projected Return Density Against Market

Given the investment horizon of 30 days, A10 Networks has beta of 0.7235 . This suggests as returns on market go up, A10 Networks average returns are expected to increase less than the benchmark. However during bear market, the loss on holding A10 Networks 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. A10 Networks is significantly underperforming DOW.
 Predicted Return Density 
      Returns 
Given the investment horizon of 30 days, the coefficient of variation of A10 Networks is -907.13. The daily returns are destributed with a variance of 4.2 and standard deviation of 2.05. The mean deviation of A10 Networks is currently at 1.47. For similar time horizon, the selected benchmark (DOW) has volatility of 0.97
α
Alpha over DOW
=0.12
β
Beta against DOW=0.72
σ
Overall volatility
=2.05
Ir
Information ratio =0.06

A10 Networks Return Volatility

the corporation inherits 2.0498% risk (volatility on return distribution) over the 30 days horizon. the entity inherits 0.9856% risk (volatility on return distribution) over the 30 days horizon.
 Performance (%) 
      Timeline 

A10 Networks Investment Opportunity

A10 Networks has a volatility of 2.05 and is 2.07 times more volatile than DOW. 18  of all equities and portfolios are less risky than A10 Networks. Compared to the overall equity markets, volatility of historical daily returns of A10 Networks is lower than 18 () of all global equities and portfolios over the last 30 days. Use A10 Networks to enhance returns of your portfolios. The stock experiences very speculative upward sentiment. . Check odds of A10 Networks to be traded at $8.11 in 30 days. . As returns on market increase, A10 Networks returns are expected to increase less than the market. However during bear market, the loss on holding A10 Networks will be expected to be smaller as well.

A10 Networks correlation with market

correlation synergy
Weak diversification
Overlapping area represents the amount of risk that can be diversified away by holding A10 Networks Inc and equity matching DJI index in the same portfolio.

A10 Networks Current Risk Indicators

A10 Networks Suggested Diversification Pairs

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