International Business Risk Analysis And Volatility

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IBM -- USA Stock  

 Earnings Call  Tomorrow

We consider International Business very steady. International Business holds Efficiency (Sharpe) Ratio of 0.0717 which attests that the entity had 0.0717% of return per unit of risk over the last 3 months. Our philosophy towards determining 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 International Business which you can use to evaluate future volatility of the corporation. Please check out International Business Market Risk Adjusted Performance of (0.05) and Risk Adjusted Performance of (0.015909) to validate if risk estimate we provide are consistent with the epected return of 0.0535%.
Interest Expense

90 Days Market Risk

Very steady

Chance of Distress

Below average

90 Days Economic Sensitivity

Follows market closely
Horizon     30 Days    Login   to change

International Business Market Sensitivity

International Business returns are very sensitive to returns on the market. As market goes up or down, International Business is expected to follow.
3 Months Beta |Analyze International Business Demand Trend
Check current 30 days International Business correlation with market (DOW)
β = 0.8934

International Business Central Daily Price Deviation

International Business Technical Analysis

Transformation
The output start index for this execution was zero with a total number of output elements of sixty-one. International Business 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.

International Business Projected Return Density Against Market

Considering 30-days investment horizon, International Business has beta of 0.8934 . This indicates International Business Machines market returns are highly reactive to returns on the market. As the market goes up or down, International Business is expected to follow. Additionally, The company has a negative alpha implying that the risk taken by holding this equity is not justified. International Business is significantly underperforming DOW.
 Predicted Return Density 
    
  Returns 
Considering 30-days investment horizon, the coefficient of variation of International Business is 1395.3. The daily returns are destributed with a variance of 0.56 and standard deviation of 0.75. The mean deviation of International Business Machines is currently at 0.56. For similar time horizon, the selected benchmark (DOW) has volatility of 0.48
α
Alpha over DOW
=0.16
β
Beta against DOW=0.89
σ
Overall volatility
=0.75
Ir
Information ratio =0.17

International Business Return Volatility

the business has volatility of 0.7462% on return distribution over 30 days investment horizon. the entity inherits 0.4688% risk (volatility on return distribution) over the 30 days horizon.
 Performance (%) 
    
  Timeline 

International Business Investment Opportunity

International Business Machines has a volatility of 0.75 and is 1.6 times more volatile than DOW. of all equities and portfolios are less risky than International Business. Compared to the overall equity markets, volatility of historical daily returns of International Business Machines is lower than 6 () of all global equities and portfolios over the last 30 days. Use International Business Machines to enhance returns of your portfolios. The stock experiences normal upward fluctuation. Check odds of International Business to be traded at $145.23 in 30 days. . International Business returns are very sensitive to returns on the market. As market goes up or down, International Business is expected to follow.

International Business correlation with market

correlation synergy
Very weak diversification
Overlapping area represents the amount of risk that can be diversified away by holding International Business Machine and equity matching DJI index in the same portfolio.

International Business Current Risk Indicators

International Business Suggested Diversification Pairs

Please also see Risk vs Return Analysis. Please also try Financial Widgets module to easily integrated macroaxis content with over 30 different plug-and-play financial widgets.
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