We consider Marriott relatively volatile. Marriott IF Internat has Sharpe Ratio of 0.2972 which conveys that the entity had 0.2972% of return per unit of risk over the last 2 months. Our philosophy towards estimating volatility of a fund is to use all available market data together with fund specific technical indicators that cannot be diversified away. We have found twenty technical indicators for Marriott which you can use to evaluate future volatility of the organization. Please verify Marriott IF International Growth Risk Adjusted Performance of 0.2125, Coefficient Of Variation of 311.78 and Mean Deviation of 0.3821 to check out if risk estimate we provide are consistent with the epected return of 0.1462%.
|Horizon||30 Days Login to change|
Marriott Market Sensitivity
|As returns on market increase, returns on owning Marriott are expected to decrease at a much smaller rate. During bear market, Marriott is likely to outperform the market. 2 Months Beta |Analyze Marriott IF Internat Demand TrendCheck current 30 days Marriott correlation with market (DOW)|
β = -0.1321
Marriott Central Daily Price Deviation
Marriott IF Internat Technical Analysis
Marriott Projected Return Density Against MarketAssuming 30 trading days horizon, Marriott IF International Growth has beta of -0.1321 . This indicates as returns on benchmark increase, returns on holding Marriott are expected to decrease at a much smaller rate. During bear market, however, Marriott IF International Growth is likely to outperform the market. Moreover, The company has an alpha of 0.1697 implying that it can potentially generate 0.1697% excess return over DOW after adjusting for the inherited market risk (beta).
Predicted Return Density
Assuming 30 trading days horizon, the coefficient of variation of Marriott is 336.46. The daily returns are destributed with a variance of 0.24 and standard deviation of 0.49. The mean deviation of Marriott IF International Growth is currently at 0.38. For similar time horizon, the selected benchmark (DOW) has volatility of 0.67
|Alpha over DOW||=||0.17|
|Beta against DOW||=||0.13|
Marriott Return Volatilitythe fund accepts 0.4918% volatility on return distribution over the 30 days horizon. the entity inherits 0.6323% risk (volatility on return distribution) over the 30 days horizon.
DOW has a standard deviation of returns of 0.63 and is 1.29 times more volatile than Marriott IF International Growth. 4% of all equities and portfolios are less risky than Marriott. Compared to the overall equity markets, volatility of historical daily returns of Marriott IF International Growth is lower than 4 (%) of all global equities and portfolios over the last 30 days. Use Marriott IF International Growth to protect your portfolios against small markets fluctuations. The fund experiences normal downward trend and little activity. Check odds of Marriott to be traded at $1.6236 in 30 days. . As returns on market increase, returns on owning Marriott are expected to decrease at a much smaller rate. During bear market, Marriott is likely to outperform the market.
Marriott correlation with market