The entity has beta of 0.1186 which indicates as returns on market increase, Sothebys returns are expected to increase less than the market. However during bear market, the loss on holding Sothebys will be expected to be smaller as well. Even though it is essential to pay attention to Sothebys
current price movements, it is always good to be careful when utilizing equity historical returns. Macroaxis philosophy towards measuring future performance of any stock is to check both, its past performance charts as well as the business as a whole, including all available technical indicators
. Sothebys exposes twenty-one different technical indicators which can help you to evaluate its performance. Sothebys
has expected return of -0.0517%. Please be advised to validate Sothebys Jensen Alpha
, Potential Upside
, as well as the relationship
between Maximum Drawdown
and Semi Variance
to decide if Sothebys
past performance will be repeated at some point in the near future.
Over the last 30 days Sothebys has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of rather sound fundamental drivers, Sothebys is not utilizing all of its potentials. The prevailing stock price tumult, may contribute to shorter-term losses for the shareholders.
|Fifty Two Week Low||32.01|
|Target High Price||57.00|
|Fifty Two Week High||59.94|
|Target Low Price||44.00|
|Trailing Annual Dividend Yield||0.18%|