Macroaxis considers Emilia Development to be very steady. Emilia Development secures Sharpe Ratio (or Efficiency) of -0.0717 which denotes the organization had -0.0717% of return per unit of risk over the last 2 months. Macroaxis philosophy towards predicting 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. Emilia Development Ltd exposes twenty-one different technical indicators which can help you to evaluate volatility that cannot be diversified away. Please be advised to confirm Emilia Development Mean Deviation of 1.73 and Coefficient Of Variation of
(1,316) to check risk estimate we provide.
60 Days Market Risk
Chance of Distress in 24 months
Close to average
60 Days Economic Sensitivity
Moves slightly opposite to market
|Horizon||30 Days Login to change|
Emilia Development Market Sensitivity
|As returns on market increase, returns on owning Emilia Development are expected to decrease at a much smaller rate. During bear market, Emilia Development is likely to outperform the market. 2 Months Beta |Analyze Emilia Development Demand TrendCheck current 30 days Emilia Development correlation with market (DOW)|
β = -0.7008
Emilia Development Central Daily Price Deviation
Emilia Development Technical Analysis
Emilia Development Projected Return Density Against MarketAssuming 30 trading days horizon, Emilia Development Ltd has beta of -0.7008 suggesting as returns on benchmark increase, returns on holding Emilia Development are expected to decrease at a much smaller rate. During bear market, however, Emilia Development Ltd 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. Emilia Development is significantly underperforming DOW.
Predicted Return Density
Assuming 30 trading days horizon, the coefficient of variation of Emilia Development is -1395.21. The daily returns are destributed with a variance of 7.19 and standard deviation of 2.68. The mean deviation of Emilia Development Ltd is currently at 1.96. For similar time horizon, the selected benchmark (DOW) has volatility of 0.64
|Alpha over DOW||=||0.12|
|Beta against DOW||=||0.7|
Emilia Development Return Volatilitythe company accepts 2.681% volatility on return distribution over the 30 days horizon. the entity inherits 0.5802% risk (volatility on return distribution) over the 30 days horizon.
Emilia Development Investment Opportunity
Emilia Development Ltd has a volatility of 2.68 and is 4.62 times more volatile than DOW. 23% of all equities and portfolios are less risky than Emilia Development. Compared to the overall equity markets, volatility of historical daily returns of Emilia Development Ltd is lower than 23 (%) of all global equities and portfolios over the last 30 days. Use Emilia Development Ltd to protect your portfolios against small markets fluctuations. The stock experiences unexpected downward movement. The market is reacting to new fundamentals. Check odds of Emilia Development to be traded at S1988.16 in 30 days. . As returns on market increase, returns on owning Emilia Development are expected to decrease at a much smaller rate. During bear market, Emilia Development is likely to outperform the market.
Emilia Development correlation with market
Emilia Development Current Risk Indicators
|Risk Adjusted Performance||(0.041035)|
|Market Risk Adjusted Performance||0.2991|
|Coefficient Of Variation||(1,316)|
Emilia Development Suggested Diversification Pairs