Cinedigm Corp Risk Analysis And Volatility

CIDM -- USA Stock  

USD 0.89  0.0313  3.40%

Macroaxis considers Cinedigm Corp to be abnormally volatile. Cinedigm Corp secures Sharpe Ratio (or Efficiency) of -0.0504 which signifies that the organization had -0.0504% 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. Cinedigm Corp exposes twenty-eight different technical indicators which can help you to evaluate volatility that cannot be diversified away. Please be advised to confirm Cinedigm Corp Risk Adjusted Performance of (0.047837) and Mean Deviation of 3.95 to double-check risk estimate we provide.
Interest Expense

90 Days Market Risk

Abnormally volatile

Chance of Distress in 24 months

Average

90 Days Economic Sensitivity

Follows market closely
Horizon     30 Days    Login   to change

Cinedigm Corp Market Sensitivity

As returns on market increase, returns on owning Cinedigm Corp are expected to decrease at a much smaller rate. During bear market, Cinedigm Corp is likely to outperform the market.
3 Months Beta |Analyze Cinedigm Corp Demand Trend
Check current 30 days Cinedigm Corp correlation with market (DOW)
β = -0.5106

Cinedigm Corp Central Daily Price Deviation

Cinedigm Corp Technical Analysis

Transformation
The output start index for this execution was zero with a total number of output elements of sixty-one. The Median Price line plots median indexes of Cinedigm Corp price series. View also all equity analysis or get more info about median price price transform indicator.

Cinedigm Corp Projected Return Density Against Market

Given the investment horizon of 30 days, Cinedigm Corp has beta of -0.5106 . This suggests as returns on benchmark increase, returns on holding Cinedigm Corp are expected to decrease at a much smaller rate. During bear market, however, Cinedigm Corp 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. Cinedigm Corp is significantly underperforming DOW.
 Predicted Return Density 
      Returns 
Given the investment horizon of 30 days, the coefficient of variation of Cinedigm Corp is -1986.0. The daily returns are destributed with a variance of 25.57 and standard deviation of 5.06. The mean deviation of Cinedigm Corp is currently at 3.93. For similar time horizon, the selected benchmark (DOW) has volatility of 0.97
α
Alpha over DOW
=0.31
β
Beta against DOW=0.51
σ
Overall volatility
=5.06
Ir
Information ratio =0.05

Cinedigm Corp Return Volatility

the business inherits 5.0563% risk (volatility on return distribution) over the 30 days horizon. the entity inherits 0.9857% risk (volatility on return distribution) over the 30 days horizon.
 Performance (%) 
      Timeline 

Cinedigm Corp Investment Opportunity

Cinedigm Corp has a volatility of 5.06 and is 5.11 times more volatile than DOW. 45  of all equities and portfolios are less risky than Cinedigm Corp. Compared to the overall equity markets, volatility of historical daily returns of Cinedigm Corp is lower than 45 () of all global equities and portfolios over the last 30 days. Use Cinedigm Corp to protect your portfolios against small markets fluctuations. The stock experiences unexpected downward movement. The market is reacting to new fundamentals. Check odds of Cinedigm Corp to be traded at $0.8542 in 30 days. . As returns on market increase, returns on owning Cinedigm Corp are expected to decrease at a much smaller rate. During bear market, Cinedigm Corp is likely to outperform the market.

Cinedigm Corp correlation with market

correlation synergy
Good diversification
Overlapping area represents the amount of risk that can be diversified away by holding Cinedigm Corp and equity matching DJI index in the same portfolio.

Cinedigm Corp Current Risk Indicators

Cinedigm Corp Suggested Diversification Pairs

Check also Trending Equities. Please also try Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.
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