Macroaxis considers Acorn International to be slightly risky. Acorn International secures Sharpe Ratio (or Efficiency) of -0.0874 which signifies that the organization had -0.0874% 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. Acorn International exposes twenty-one different technical indicators which can help you to evaluate volatility that cannot be diversified away. Please be advised to confirm Acorn International Risk Adjusted Performance of
(0.05) and Mean Deviation of 2.29 to double-check risk estimate we provide.
90 Days Market Risk
Chance of Distress in 24 months
90 Days Economic Sensitivity
Moves indifferently to market moves
|Horizon||30 Days Login to change|
Acorn International Market Sensitivity
|As returns on market increase, returns on owning Acorn International are expected to decrease at a much smaller rate. During bear market, Acorn International is likely to outperform the market. 3 Months Beta |Analyze Acorn International Demand TrendCheck current 30 days Acorn International correlation with market (DOW)|
β = -0.1208
Acorn International Central Daily Price Deviation
Acorn International Technical Analysis
Acorn International Projected Return Density Against MarketConsidering 30-days investment horizon, Acorn International has beta of -0.1208 . This suggests as returns on benchmark increase, returns on holding Acorn International are expected to decrease at a much smaller rate. During bear market, however, Acorn International is likely to outperform the market. Additionally, The company has a negative alpha implying that the risk taken by holding this equity is not justified. Acorn International is significantly underperforming DOW.
Predicted Return Density
Considering 30-days investment horizon, the coefficient of variation of Acorn International is -1144.25. The daily returns are destributed with a variance of 9.53 and standard deviation of 3.09. The mean deviation of Acorn International is currently at 2.32. For similar time horizon, the selected benchmark (DOW) has volatility of 0.88
|Alpha over DOW||=||0.22|
|Beta against DOW||=||0.12|
Acorn International Return Volatilitythe venture has volatility of 3.0867% on return distribution over 30 days investment horizon. the entity inherits 0.9084% risk (volatility on return distribution) over the 30 days horizon.
Acorn International Investment Opportunity
Acorn International has a volatility of 3.09 and is 3.4 times more volatile than DOW. 27% of all equities and portfolios are less risky than Acorn International. Compared to the overall equity markets, volatility of historical daily returns of Acorn International is lower than 27 (%) of all global equities and portfolios over the last 30 days. Use Acorn International to enhance returns of your portfolios. The stock experiences very speculative upward sentiment. . Check odds of Acorn International to be traded at $24.49 in 30 days. . As returns on market increase, returns on owning Acorn International are expected to decrease at a much smaller rate. During bear market, Acorn International is likely to outperform the market.
Acorn International correlation with market
Acorn International Current Risk Indicators
|Risk Adjusted Performance||(0.05)|
|Market Risk Adjusted Performance||1.86|
|Coefficient Of Variation||(1,429)|
Acorn International Suggested Diversification Pairs