Macroaxis considers Prime Focus to be not too volatile. Prime Focus Limited maintains Sharpe Ratio (i.e. Efficiency) of -0.0726 which implies the corporation had -0.0726% of return per unit of risk over the last 2 months. 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. Prime Focus Limited exposes twenty-one different technical indicators which can help you to evaluate volatility that cannot be diversified away. Please be advised to check Prime Focus Limited Risk Adjusted Performance of
(0.1) and Coefficient Of Variation of (670.23) to confirm risk estimate we provide.
60 Days Market Risk
Not too volatile
Chance of Distress in 24 months
60 Days Economic Sensitivity
Barely shadows market
|Horizon||30 Days Login to change|
Prime Focus Market Sensitivity
|As returns on market increase, Prime Focus returns are expected to increase less than the market. However during bear market, the loss on holding Prime Focus will be expected to be smaller as well. 2 Months Beta |Analyze Prime Focus Limited Demand TrendCheck current 30 days Prime Focus correlation with market (DOW)|
β = 0.0914
Prime Focus Central Daily Price Deviation
Prime Focus Limited Technical Analysis
Prime Focus Projected Return Density Against MarketAssuming 30 trading days horizon, Prime Focus has beta of 0.0914 . This implies as returns on market go up, Prime Focus average returns are expected to increase less than the benchmark. However during bear market, the loss on holding Prime Focus Limited 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. Prime Focus Limited is significantly underperforming DOW.
Predicted Return Density
Assuming 30 trading days horizon, the coefficient of variation of Prime Focus is -1377.08. The daily returns are destributed with a variance of 6.5 and standard deviation of 2.55. The mean deviation of Prime Focus Limited is currently at 2.02. For similar time horizon, the selected benchmark (DOW) has volatility of 0.7
|Alpha over DOW||=||0.39|
|Beta against DOW||=||0.09|
Prime Focus Return Volatilitythe company accepts 2.55% volatility on return distribution over the 30 days horizon. the entity inherits 0.6518% risk (volatility on return distribution) over the 30 days horizon.
Prime Focus Investment Opportunity
Prime Focus Limited has a volatility of 2.55 and is 3.92 times more volatile than DOW. 22% of all equities and portfolios are less risky than Prime Focus. Compared to the overall equity markets, volatility of historical daily returns of Prime Focus Limited is lower than 22 (%) of all global equities and portfolios over the last 30 days. Use Prime Focus Limited to enhance returns of your portfolios. The stock experiences large bullish trend. Check odds of Prime Focus to be traded at 63.86 in 30 days. . As returns on market increase, Prime Focus returns are expected to increase less than the market. However during bear market, the loss on holding Prime Focus will be expected to be smaller as well.
Prime Focus correlation with market
Prime Focus Current Risk Indicators
|Risk Adjusted Performance||(0.1)|
|Market Risk Adjusted Performance||(4.30)|
|Coefficient Of Variation||(670.23)|
Prime Focus Suggested Diversification Pairs