Global Power Performance

Global Power Equipment Group Inc -- USA Stock  

USD 3.32  0.07  2.15%

Macroaxis gives Global Power performance score of 0 on a scale of 0 to 100. The company retains Market Volatility (i.e. Beta) of 1.3184 which attests that as market goes up, the company is expected to significantly outperform it. However, if the market returns are negative, Global Power will likely underperform.. Even though it is essential to pay attention to Global Power Equipment current price history, it is always good to be careful when utilizing equity current price movements. Macroaxis philosophy towards determining future performance of any stock is to check both, its past performance charts as well as the business as a whole, including all available technical indicators. Global Power Equipment exposes twenty-eight different technical indicators which can help you to evaluate its performance. Global Power Equipment has expected return of -0.7002%. Please be advised to check out Global Power Value At Risk as well as the relationship between Kurtosis and Market Facilitation Index to decide if Global Power Equipment past performance will be repeated at some point in the near future.
Investment Horizon     30 Days    Login   to change

Global Power Equipment Relative Risk vs. Return Landscape

If you would invest  390  in Global Power Equipment Group Inc on November 16, 2017 and sell it today you would lose (58)  from holding Global Power Equipment Group Inc or give up 14.87% of portfolio value over 30 days. Global Power Equipment Group Inc is currenly does not generate positive expected returns and assumes 2.4568% risk (volatility on return distribution) over the 30 days horizon. In different words, 22% of equities are less volatile than Global Power Equipment Group Inc and 99% of traded equity instruments are projected to make higher returns than the company over the 30 days investment horizon.
 Daily Expected Return (%) 
      Risk (%) 
Given the investment horizon of 30 days, Global Power Equipment Group Inc is expected to under-perform the market. In addition to that, the company is 5.22 times more volatile than its market benchmark. It trades about -0.29 of its total potential returns per unit of risk. The DOW is currently generating roughly 0.5 per unit of volatility.

Global Power Daily Price Distribution

The median price of Global Power for the period between Thu, Nov 16, 2017 and Sat, Dec 16, 2017 is 3.69 with a coefficient of variation of 5.83. The daily time series for the period is distributed with a sample standard deviation of 0.21, arithmetic mean of 3.6, and mean deviation of 0.19. The Stock received some media coverage during the period.

Risk-Adjusted Performance

Over the last 30 days Global Power Equipment Group Inc has generated negative risk-adjusted returns adding no value to investors with long positions.

One Month Efficiency

Global Power Sharpe Ratio = -0.285
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Estimated Market Risk

  actual daily
 78 %
of total potential

Expected Return

  actual daily
 1 %
of total potential

Risk-Adjusted Return

  actual daily
 1 %
of total potential
Based on monthly moving average Global Power is performing at about 0% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Global Power by adding it to a well-diversified portfolio.