eHi Car Risk Analysis And Volatility Evaluation

EHIC -- USA Stock  

USD 11.62  0.24  2.11%

Macroaxis considers eHi Car to be moderately volatile. eHi Car Services shows Sharpe Ratio of -0.113 which attests that eHi Car Services had -0.113% of return per unit of risk over the last 1 month. Macroaxis philosophy towards determining 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. eHi Car Services exposes twenty-one different technical indicators which can help you to evaluate volatility that cannot be diversified away. Please be advised to check out eHi Car Services Market Risk Adjusted Performance of 0.26 and Mean Deviation of 2.15 to validate risk estimate we provide.
Horizon     30 Days    Login   to change

eHi Car Market Sensitivity

As market goes up, the company is expected to significantly outperform it. However, if the market returns are negative, eHi Car will likely underperform.
One Month Beta |Analyze eHi Car Services Demand Trend
Check current 30 days eHi Car correlation with market (DOW)
β = 1.3711
eHi Car Large BetaeHi Car Services Beta Legend

eHi Car Services Technical Analysis

Transformation
The output start index for this execution was zero with a total number of output elements of seventeen. 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, the stock has beta coefficient of 1.3711 suggesting as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are expected to be negative, eHi Car will likely underperform. Additionally, eHi Car Services Limited has a negative alpha implying that the risk taken by holding this equity is not justified. The company is significantly underperforming DOW
 Predicted Return Density 
      Returns 
Given the investment horizon of 30 days, the coefficient of variation of eHi Car is -884.91. The daily returns are destributed with a variance of 10.03 and standard deviation of 3.17. The mean deviation of eHi Car Services Limited is currently at 2.17. For similar time horizon, the selected benchmark (DOW) has volatility of 0.45
α
Alpha over DOW
=0.6
β
Beta against DOW=1.37
σ
Overall volatility
=3.17
Ir
Information ratio =0.17

eHi Car Return Volatility

eHi Car Services Limited inherits 3.1674% risk (volatility on return distribution) over the 30 days horizon. DOW inherits 0.4208% risk (volatility on return distribution) over the 30 days horizon.
 Performance (%) 
      Timeline 

Market Risk Breakdown

eHi Car Volatility Factors

30 Days Market Risk

Moderately volatile

Chance of Distress in 24 months

Below average

30 Days Economic Sensitivity

Totally responsive to market

Investment Outlook

eHi Car Investment Opportunity

eHi Car Services Limited has a volatility of 3.17 and is 7.55 times more volatile than DOW. 28% 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 28 (%) of all global equities and portfolios over the last 30 days. Use eHi Car Services Limited to enhance returns of your portfolios. The stock experiences unexpected upward trend. Watch out for market signals. Check odds of eHi Car to be traded at $13.94 in 30 days. As market goes up, the company is expected to significantly outperform it. However, if the market returns are negative, eHi Car will likely underperform.

eHi Car correlation with market

Average diversification
Overlapping area represents the amount of risk that can be diversified away by holding eHi Car Services Limited and equity matching DJI index in the same portfolio.

eHi Car Volatility Indicators

eHi Car Services Limited Current Risk Indicators

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