Macroaxis considers Glanbia plc to be unknown risk. Glanbia plc holds Efficiency (Sharpe) Ratio of -0.111 which attests that the entity had -0.111% of return per unit of standard deviation over the last 2 months. Macroaxis philosophy in 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. Glanbia plc exposes twenty-one different technical indicators which can help you to evaluate volatility that cannot be diversified away. Please be advised to check out Glanbia plc Risk Adjusted Performance of 0.0149 and Market Risk Adjusted Performance of
(0.006551) to validate risk estimate we provide.
60 Days Market Risk
Chance of Distress in 24 months
60 Days Economic Sensitivity
|Horizon||30 Days Login to change|
Glanbia plc Market Sensitivity
|2 Months Beta |Analyze Glanbia plc Demand TrendCheck current 30 days Glanbia plc correlation with market (DOW)|
β = -1.0329
Glanbia plc Central Daily Price Deviation
Glanbia plc Technical Analysis
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Glanbia plc Projected Return Density Against MarketAssuming 30 trading days horizon, Glanbia plc has beta of -1.0329 . This indicates Moreover, The company has an alpha of 0.1495 implying that it can potentially generate 0.1495% excess return over DOW after adjusting for the inherited market risk (beta).
Predicted Return Density
Assuming 30 trading days horizon, the coefficient of variation of Glanbia plc is -900.65. The daily returns are destributed with a variance of 3.3 and standard deviation of 1.82. The mean deviation of Glanbia plc is currently at 1.31. For similar time horizon, the selected benchmark (DOW) has volatility of 0.64
|Alpha over DOW||=||0.15|
|Beta against DOW||=||1.03|
Glanbia plc Return Volatilitythe enterprise assumes 1.8174% volatility of returns over the 30 days investment horizon. the entity inherits 0.5838% risk (volatility on return distribution) over the 30 days horizon.
Glanbia plc Investment Opportunity
Glanbia plc has a volatility of 1.82 and is 3.14 times more volatile than DOW. 16% of all equities and portfolios are less risky than Glanbia plc. Compared to the overall equity markets, volatility of historical daily returns of Glanbia plc is lower than 16 (%) of all global equities and portfolios over the last 30 days. Use Glanbia plc to protect your portfolios against small markets fluctuations. The stock experiences somewhat bearish sentiment, but market may correct it shortly. Check odds of Glanbia plc to be traded at 16.47 in 30 days. .
Glanbia plc correlation with market
Glanbia plc Current Risk Indicators
|Risk Adjusted Performance||0.0149|
|Market Risk Adjusted Performance||(0.006551)|
|Coefficient Of Variation||8154.09|
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