POWER ASSETS Risk Analysis And Volatility

HGKGY -- USA Stock  

USD 6.95  0.20  2.96%

We consider POWER ASSETS slightly risky. POWER ASSETS HOLDINGS maintains Sharpe Ratio (i.e. Efficiency) of 0.0206 which implies the corporation had 0.0206% of return per unit of standard deviation over the last 3 months. Our philosophy towards forecasting volatility of a stock is to use all available market data together with stock specific technical indicators that cannot be diversified away. We have found twenty-eight technical indicators for POWER ASSETS HOLDINGS which you can use to evaluate future volatility of the company. Please check POWER ASSETS HOLDINGS Semi Deviation of 1.22, Market Risk Adjusted Performance of 0.1288 and Risk Adjusted Performance of 0.0393 to confirm if risk estimate we provide are consistent with the epected return of 0.0259%.

90 Days Market Risk

Slightly risky

Chance of Distress in 24 months

Very Small

90 Days Economic Sensitivity

Slowly supersedes market
Horizon     30 Days    Login   to change

POWER ASSETS Market Sensitivity

As returns on market increase, POWER ASSETS returns are expected to increase less than the market. However during bear market, the loss on holding POWER ASSETS will be expected to be smaller as well.
3 Months Beta |Analyze POWER ASSETS HOLDINGS Demand Trend
Check current 30 days POWER ASSETS correlation with market (DOW)
β = 0.4295

POWER ASSETS Central Daily Price Deviation

POWER ASSETS HOLDINGS Technical Analysis

Transformation
The output start index for this execution was zero with a total number of output elements of sixty-one. POWER ASSETS Typical Price indicator is an average of each day price and can be used instead of closing price when creating different POWER ASSETS HOLDINGS moving average lines. View also all equity analysis or get more info about typical price price transform indicator.

POWER ASSETS Projected Return Density Against Market

Assuming 30 trading days horizon, POWER ASSETS has beta of 0.4295 . This indicates as returns on market go up, POWER ASSETS average returns are expected to increase less than the benchmark. However during bear market, the loss on holding POWER ASSETS HOLDINGS LTD will be expected to be much smaller as well. Additionally, The company has a negative alpha implying that the risk taken by holding this equity is not justified. POWER ASSETS HOLDINGS is significantly underperforming DOW.
 Predicted Return Density 
      Returns 
Assuming 30 trading days horizon, the coefficient of variation of POWER ASSETS is 4858.61. The daily returns are destributed with a variance of 1.58 and standard deviation of 1.26. The mean deviation of POWER ASSETS HOLDINGS LTD is currently at 0.93. For similar time horizon, the selected benchmark (DOW) has volatility of 0.74
α
Alpha over DOW
=0.0048
β
Beta against DOW=0.43
σ
Overall volatility
=1.26
Ir
Information ratio =0.06

POWER ASSETS Return Volatility

the company shows 1.2584% volatility of returns over 30 trading days. the entity inherits 0.7266% risk (volatility on return distribution) over the 30 days horizon.
 Performance (%) 
      Timeline 

POWER ASSETS Investment Opportunity

POWER ASSETS HOLDINGS LTD has a volatility of 1.26 and is 1.73 times more volatile than DOW. 11  of all equities and portfolios are less risky than POWER ASSETS. Compared to the overall equity markets, volatility of historical daily returns of POWER ASSETS HOLDINGS LTD is lower than 11 () of all global equities and portfolios over the last 30 days. Use POWER ASSETS HOLDINGS LTD to enhance returns of your portfolios. The otc stock experiences expected bullish sentiment for its category. Check odds of POWER ASSETS to be traded at $8.34 in 30 days. . As returns on market increase, POWER ASSETS returns are expected to increase less than the market. However during bear market, the loss on holding POWER ASSETS will be expected to be smaller as well.

POWER ASSETS correlation with market

correlation synergy
Modest diversification
Overlapping area represents the amount of risk that can be diversified away by holding POWER ASSETS HOLDINGS LTD and equity matching DJI index in the same portfolio.

POWER ASSETS Current Risk Indicators

POWER ASSETS Suggested Diversification Pairs

Please also check Risk vs Return Analysis. Please also try Watchlist Optimization module to optimize watchlists to build efficient portfolio or rebalance existing positions based on mean-variance optimization algorithm.
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