Majestic Wine Risk Analysis And Volatility

MJWNF -- USA Stock  

USD 3.32  0.00  0.00%

We consider Majestic Wine slightly risky. Majestic Wine Plc has Sharpe Ratio of 0.1008 which conveys that the firm had 0.1008% of return per unit of risk over the last 3 months. Our philosophy towards estimating 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-one technical indicators for Majestic Wine which you can use to evaluate future volatility of the firm. Please verify Majestic Wine Plc Mean Deviation of 0.4442 and Risk Adjusted Performance of (0.07) to check out if risk estimate we provide are consistent with the epected return of 0.0547%.

90 Days Market Risk

Slightly risky

Chance of Distress in 24 months

Quite high

90 Days Economic Sensitivity

Moves indifferently to market moves
Horizon     30 Days    Login   to change

Majestic Wine Market Sensitivity

As returns on market increase, returns on owning Majestic Wine are expected to decrease at a much smaller rate. During bear market, Majestic Wine is likely to outperform the market.
3 Months Beta |Analyze Majestic Wine Plc Demand Trend
Check current 30 days Majestic Wine correlation with market (DOW)
β = -0.1195

Majestic Wine Central Daily Price Deviation

Majestic Wine Plc Technical Analysis

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

Majestic Wine Projected Return Density Against Market

Assuming 30 trading days horizon, Majestic Wine Plc has beta of -0.1195 indicating as returns on benchmark increase, returns on holding Majestic Wine are expected to decrease at a much smaller rate. During bear market, however, Majestic Wine Plc is likely to outperform the market. Additionally, The company has a negative alpha implying that the risk taken by holding this equity is not justified. Majestic Wine Plc is significantly underperforming DOW.
 Predicted Return Density 
      Returns 
Assuming 30 trading days horizon, the coefficient of variation of Majestic Wine is 991.7. The daily returns are destributed with a variance of 0.29 and standard deviation of 0.54. The mean deviation of Majestic Wine Plc is currently at 0.22. For similar time horizon, the selected benchmark (DOW) has volatility of 0.74
α
Alpha over DOW
=0.14
β
Beta against DOW=0.12
σ
Overall volatility
=0.54
Ir
Information ratio =0.19

Majestic Wine Return Volatility

the firm shows 0.5427% volatility of returns over 30 trading days. the entity inherits 0.7201% risk (volatility on return distribution) over the 30 days horizon.
 Performance (%) 
      Timeline 

Majestic Wine Investment Opportunity

DOW has a standard deviation of returns of 0.72 and is 1.33 times more volatile than Majestic Wine Plc. of all equities and portfolios are less risky than Majestic Wine. Compared to the overall equity markets, volatility of historical daily returns of Majestic Wine Plc is lower than 4 () of all global equities and portfolios over the last 30 days. Use Majestic Wine Plc to protect your portfolios against small markets fluctuations. The otc stock experiences normal downward fluctuation but is a risky buy. Check odds of Majestic Wine to be traded at $3.29 in 30 days. . As returns on market increase, returns on owning Majestic Wine are expected to decrease at a much smaller rate. During bear market, Majestic Wine is likely to outperform the market.

Majestic Wine correlation with market

correlation synergy
Good diversification
Overlapping area represents the amount of risk that can be diversified away by holding Majestic Wine Plc and equity matching DJI index in the same portfolio.

Majestic Wine Current Risk Indicators

Majestic Wine Suggested Diversification Pairs

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