Global Power Risk Analysis

Global Power Equipment Group Inc -- USA Stock  

USD 3.32  0.07  2.15%

Macroaxis considers Global Power to be unusually risky. Global Power Equipment holds Efficiency (Sharpe) Ratio of -0.285 which attests that Global Power Equipment had -0.285% 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. Global Power Equipment exposes twenty-eight different technical indicators which can help you to evaluate volatility that cannot be diversified away. Please be advised to check out Global Power Market Risk Adjusted Performance of (0.53) and Risk Adjusted Performance of (0.13) to validate risk estimate we provide.
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 = 1.3184
Global Power Large BetaGlobal Power Equipment Beta Legend

Global Power Equipment Technical Analysis

Transformation
The output start index for this execution was zero with a total number of output elements of seventeen. Global Power Equipment 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.

Projected Return Density Against Market

Given the investment horizon of 30 days, the stock has beta coefficient of 1.3184 . 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. Additionally, Global Power Equipment Group Inc 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 Global Power is -350.86. The daily returns are destributed with a variance of 6.04 and standard deviation of 2.46. The mean deviation of Global Power Equipment Group Inc is currently at 1.82. For similar time horizon, the selected benchmark (DOW) has volatility of 0.47
α
Alpha over DOW
=1.04
βBeta against DOW=1.32
σ
Overall volatility
=2.46
 IrInformation ratio =0.39

Actual Return Volatility

Global Power Equipment Group Inc inherits 2.4568% risk (volatility on return distribution) over the 30 days horizon. DOW inherits 0.4705% risk (volatility on return distribution) over the 30 days horizon.
 Performance (%) 
      Timeline 

Market Risk Breakdown

Global Power Volatility Factors

30 Days Market Risk

Unusually risky

Chance of Distress in 24 months

Below 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 2.46 and is 5.23 times more volatile than DOW. 22% 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 22 (%) of all global equities and portfolios over the last 30 days. Use Global Power Equipment Group Inc to enhance returns of your portfolios. The stock experiences unexpected upward trend. Watch out for market signals. Check odds of Global Power to be traded at $3.98 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

Modest 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.

Volatility Indicators

Global Power Current Risk Indicators