Global Power Risk Analysis

Global Power Equipment Group Inc -- USA Stock  

USD 2.75  0.10  3.51%

We consider Global Power extremely risky. Global Power Equipment holds Efficiency (Sharpe) Ratio of 0.0168 which attests that Global Power Equipment had 0.0168% of return per unit of risk over the last 1 month. Our philosophy towards determining volatility of a stock is to use all available market data together with company specific technical indicators that cannot be diversified away. We have found twenty-eight technical indicators for Global Power Equipment which you can use to evaluate future volatility of the corporation. Please check out Global Power Downside Deviation of 3.7, Market Risk Adjusted Performance of 0.0936 and Risk Adjusted Performance of 0.026 to validate if risk estimate we provide are consistent with the epected return of 0.0607%.
Investment Horizon     30 Days    Login   to change

Global Power Market Sensitivity

As market goes up, the company is expected to significantly outperform it. However, if the market returns are negative, Global Power will likely underperform.
One Month Beta |Analyze Global Power Equipment Demand Trend
Check current 30 days Global Power correlation with market (DOW)
β = 1.5445
Global Power Large BetaGlobal Power Equipment Beta Legend

Projected Return Density Against Market

Given the investment horizon of 30 days, the stock has beta coefficient of 1.5445 . This indicates as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are expected to be negative, Global Power will likely underperform. Moreover, Global Power Equipment Group Inc has an alpha of 0.1228 implying that it can potentially generate 0.1228% 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 Global Power is 5937.27. The daily returns are destributed with a variance of 12.98 and standard deviation of 3.6. The mean deviation of Global Power Equipment Group Inc is currently at 2.27. For similar time horizon, the selected benchmark (DOW) has volatility of 0.44
α
Alpha over DOW
= 0.12 
βBeta against DOW= 1.54 
σ
Overall volatility
= 3.60 
 IrInformation ratio = 0.04 

Actual Return Volatility

Global Power Equipment Group Inc inherits 3.6028% risk (volatility on return distribution) over the 30 days horizon. DOW inherits 0.4422% risk (volatility on return distribution) over the 30 days horizon.
 Performance (%) 
      Timeline 

Market Risk Breakdown

Global Power Volatility Factors

30 Days Market Risk

Extremely risky

Chance of Distress in 24 months

Close to average

30 Days Economic Sensitivity

Totally responsive to market

Total Debt

Global Power Equipment Total Debt History

Total Debt

Largest Trends

Global Power Largest Period Trend

Investment Outlook

Global Power Investment Opportunity
Global Power Equipment Group Inc has a volatility of 3.6 and is 8.18 times more volatile than DOW. 35% of all equities and portfolios are less risky than Global Power. Compared to the overall equity markets, volatility of historical daily returns of Global Power Equipment Group Inc is lower than 35 (%) of all global equities and portfolios over the last 30 days. Use Global Power Equipment Group Inc to protect against small markets fluctuations. The stock experiences unexpected downward movement. The market is reacting to new fundamentals. Check odds of Global Power to be traded at $2.64 in 30 days. As market goes up, the company is expected to significantly outperform it. However, if the market returns are negative, Global Power will likely underperform.

Global Power correlation with market

Average diversification
Overlapping area represents the amount of risk that can be diversified away by holding Global Power Equipment Group I and equity matching DJI index in the same portfolio.