Sothebys Performance

BID -- USA Stock  

USD 56.94  0.04  0.07%

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, Skewness, 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.

Risk-Adjusted Performance

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.
Quick Ratio0.94
Fifty Two Week Low32.01
Target High Price57.00
Fifty Two Week High59.94
Target Low Price44.00
Trailing Annual Dividend Yield0.18%
Horizon     30 Days    Login   to change

Sothebys Relative Risk vs. Return Landscape

If you would invest  5,892  in Sothebys on August 20, 2019 and sell it today you would lose (198.00)  from holding Sothebys or give up 3.36% of portfolio value over 30 days. Sothebys is generating negative expected returns assuming volatility of 0.7239% on return distribution over 30 days investment horizon. In other words, 6% of equities are less volatile than the company and above 99% of equities are expected to generate higher returns over the next 30 days.
 Daily Expected Return (%) 
      Risk (%) 
Considering 30-days investment horizon, Sothebys is expected to under-perform the market. But the company apears to be less risky and when comparing its historical volatility, the company is 1.26 times less risky than the market. the firm trades about -0.07 of its potential returns per unit of risk. The DOW is currently generating roughly 0.03 of returns per unit of risk over similar time horizon.

Sothebys Market Risk Analysis

Sharpe Ratio = -0.0714
Good Returns
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Negative ReturnsBID

Sothebys Relative Performance Indicators

Estimated Market Risk
  actual daily
 6 %
of total potential
Expected Return
  actual daily
 0 %
of total potential
Risk-Adjusted Return
  actual daily
 0 %
of total potential
Based on monthly moving average Sothebys is performing at about 0% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Sothebys by adding it to a well-diversified portfolio.

Sothebys Alerts

Equity Alerts and Improvement Suggestions

Sothebys generates negative expected return over the last 30 days
Sothebys has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial commitments
Over 120.0% of the company shares are held by institutions such as insurance companies
Latest headline from Sothebys Announces Regulatory Approvals and Planned Closing Date of Acquisition by Patrick Drahi - PRNewswire
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