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PICO Holdings Risk Analysis And Volatility

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PICO -- USA Stock  

USD 9.99  0.32  3.10%

Macroaxis considers PICO Holdings to be somewhat reliable. PICO Holdings retains Efficiency (Sharpe Ratio) of -0.069 which implies the corporation had -0.069% of return per unit of risk over the last 3 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. PICO Holdings exposes twenty-six different technical indicators which can help you to evaluate volatility that cannot be diversified away. Please be advised to check PICO Holdings Market Risk Adjusted Performance of (0.1) to confirm risk estimate we provide.
Equity
Refresh
Interest Expense

90 Days Market Risk

Somewhat reliable

Chance of Distress

Average

90 Days Economic Sensitivity

Slowly supersedes market

PICO Holdings Market Sensitivity

As returns on market increase, PICO Holdings returns are expected to increase less than the market. However during bear market, the loss on holding PICO Holdings will be expected to be smaller as well.
3 Months Beta |Analyze PICO Holdings Demand Trend
Check current 30 days PICO Holdings correlation with market (DOW)
β = 0.4737

PICO Holdings Central Daily Price Deviation

PICO Holdings Technical Analysis

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

PICO Holdings Projected Return Density Against Market

Given the investment horizon of 30 days, PICO Holdings has beta of 0.4737 . This implies as returns on market go up, PICO Holdings average returns are expected to increase less than the benchmark. However during bear market, the loss on holding PICO Holdings 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. PICO Holdings is significantly underperforming DOW.
 Predicted Return Density 
    
  Returns 
Given the investment horizon of 30 days, the coefficient of variation of PICO Holdings is -1449.24. The daily returns are destributed with a variance of 1.93 and standard deviation of 1.39. The mean deviation of PICO Holdings is currently at 1.01. For similar time horizon, the selected benchmark (DOW) has volatility of 0.79
α
Alpha over DOW
=0.07
β
Beta against DOW=0.47
σ
Overall volatility
=1.39
Ir
Information ratio =0.07

PICO Holdings Return Volatility

the corporation inherits 1.3902% risk (volatility on return distribution) over the 30 days horizon. the entity inherits 0.9306% risk (volatility on return distribution) over the 30 days horizon.
 Performance (%) 
    
  Timeline 

PICO Holdings Investment Opportunity

PICO Holdings has a volatility of 1.39 and is 1.49 times more volatile than DOW. 12  of all equities and portfolios are less risky than PICO Holdings. Compared to the overall equity markets, volatility of historical daily returns of PICO Holdings is lower than 12 () of all global equities and portfolios over the last 30 days. Use PICO Holdings to protect your portfolios against small markets fluctuations. The stock experiences unexpected downward movement. The market is reacting to new fundamentals. Check odds of PICO Holdings to be traded at $9.59 in 30 days. . As returns on market increase, PICO Holdings returns are expected to increase less than the market. However during bear market, the loss on holding PICO Holdings will be expected to be smaller as well.

PICO Holdings correlation with market

correlation synergy
Modest diversification
Overlapping area represents the amount of risk that can be diversified away by holding PICO Holdings Inc and equity matching DJI index in the same portfolio.

PICO Holdings Current Risk Indicators

PICO Holdings Suggested Diversification Pairs

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