We consider Baldwin Lyons not too volatile. Baldwin Lyons Inc secures Sharpe Ratio (or Efficiency) of 0.0142 which signifies that Baldwin Lyons Inc had 0.0142% of return per unit of risk over the last 1 month. Our philosophy towards foreseeing volatility of a stock is to use all available market data together with company specific technical indicators that cannot be diversified away. We have found twenty-one technical indicators for Baldwin Lyons Inc which you can use to evaluate future volatility of the firm. Please confirm Baldwin Lyons Inc Downside Deviation of 1.45, Risk Adjusted Performance of 0.0396 and Mean Deviation of 0.9993 to double-check if risk estimate we provide are consistent with the epected return of 0.0184%.
|Time Horizon||30 Days Login to change|
Baldwin Lyons Market Sensitivity
|As returns on market increase, returns on owning Baldwin Lyons are expected to decrease at a much smaller rate. During bear market, Baldwin Lyons is likely to outperform the market.One Month Beta |Analyze Baldwin Lyons Inc Demand TrendCheck current 30 days Baldwin Lyons correlation with market (DOW)|
β = -0.3093
Baldwin Lyons Inc Technical Analysis
Projected Return Density Against MarketAssuming 30 trading days horizon, Baldwin Lyons Inc has beta of -0.3093 . This suggests as returns on benchmark increase, returns on holding Baldwin Lyons are expected to decrease at a much smaller rate. During bear market, however, Baldwin Lyons Inc is likely to outperform the market. Moreover, Baldwin Lyons Inc has an alpha of 0.1567 implying that it can potentially generate 0.1567% excess return over DOW after adjusting for the inherited market risk (beta).
Assuming 30 trading days horizon, the coefficient of variation of Baldwin Lyons is 7042.36. The daily returns are destributed with a variance of 1.68 and standard deviation of 1.3. The mean deviation of Baldwin Lyons Inc is currently at 1.01. For similar time horizon, the selected benchmark (DOW) has volatility of 0.45