Macroaxis considers Public Service to be not too volatile. Public Service Enter maintains Sharpe Ratio (i.e. Efficiency) of -0.0080 which implies Public Service Enter had -0.0080% of return per unit of risk over the last 1 month. Macroaxis philosophy towards forecasting 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. Public Service Enter exposes twenty-eight different technical indicators which can help you to evaluate volatility that cannot be diversified away. Please be advised to check Public Service Enter Coefficient Of Variation of 1810.76, Semi Deviation of 1.7 and Risk Adjusted Performance of 0.0384 to confirm risk estimate we provide.
|Investment Horizon||30 Days Login to change|
Public Service Market Sensitivity
|As returns on market increase, returns on owning Public Service are expected to decrease at a much smaller rate. During bear market, Public Service is likely to outperform the market.One Month Beta |Analyze Public Service Enter Demand TrendCheck current 30 days Public Service correlation with market (NYSE)|
β = -0.4365