eHi Car Risk Analysis And Volatility

EHIC -- USA Stock  

USD 10.61  0.11  1.05%

We consider eHi Car not very volatile. eHi Car Services shows Sharpe Ratio of 0.029 which attests that the company had 0.029% of return per unit of risk over the last 2 months. Our philosophy towards determining volatility of a stock is to use all available market data together with stock specific technical indicators that cannot be diversified away. We have found twenty-eight technical indicators for eHi Car Services which you can use to evaluate future volatility of the organization. Please check out eHi Car Services Market Risk Adjusted Performance of (63.82), Downside Deviation of 2.65 and Mean Deviation of 1.61 to validate if risk estimate we provide are consistent with the epected return of 0.0631%.
Interest Expense
Horizon     30 Days    Login   to change

eHi Car Market Sensitivity

As returns on market increase, returns on owning eHi Car are expected to decrease at a much smaller rate. During bear market, eHi Car is likely to outperform the market.
2 Months Beta |Analyze eHi Car Services Demand Trend
Check current 30 days eHi Car correlation with market (DOW)
β = -0.0016

eHi Car Central Daily Price Deviation

eHi Car Services Technical Analysis

Transformation
The output start index for this execution was zero with a total number of output elements of thirty-nine. eHi Car Services Average Price is the average of the sum of open, high, low and close daily prices of a bar. It can be used to smooth an indicator that normally takes just the closing price as input. View also all equity analysis or get more info about average price price transform indicator.

eHi Car Projected Return Density Against Market

Given the investment horizon of 30 days, eHi Car Services Limited has beta of -0.0016 suggesting as returns on benchmark increase, returns on holding eHi Car are expected to decrease at a much smaller rate. During bear market, however, eHi Car Services Limited is likely to outperform the market. Moreover, The company has an alpha of 0.1022 implying that it can potentially generate 0.1022% excess return over DOW after adjusting for the inherited market risk (beta).
 Predicted Return Density 
      Returns 
Given the investment horizon of 30 days, the coefficient of variation of eHi Car is 3453.81. The daily returns are destributed with a variance of 4.75 and standard deviation of 2.18. The mean deviation of eHi Car Services Limited is currently at 1.59. For similar time horizon, the selected benchmark (DOW) has volatility of 1.79
α
Alpha over DOW
=0.10
β
Beta against DOW=0.0016
σ
Overall volatility
=2.18
Ir
Information ratio =0.014

eHi Car Return Volatility

the company inherits 2.1797% risk (volatility on return distribution) over the 30 days horizon. the entity inherits 1.8736% risk (volatility on return distribution) over the 30 days horizon.
 Performance (%) 
      Timeline 

Market Risk Breakdown

eHi Car Volatility Factors

60 Days Market Risk

Not very volatile

Chance of Distress in 24 months

About average

60 Days Economic Sensitivity

Moves indifferently to market moves

Investment Outlook

eHi Car Investment Opportunity

eHi Car Services Limited has a volatility of 2.18 and is 1.17 times more volatile than DOW. 19% of all equities and portfolios are less risky than eHi Car. Compared to the overall equity markets, volatility of historical daily returns of eHi Car Services Limited is lower than 19 (%) of all global equities and portfolios over the last 30 days.

eHi Car Volatility Indicators

eHi Car Services Limited Current Risk Indicators

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