Pioneer Natural Risk Analysis

We consider Pioneer Natural not too risky. Pioneer Natural Reso maintains Sharpe Ratio (i.e. Efficiency) of 0.069 which implies Pioneer Natural Reso had 0.069% of return per unit of risk over the last 1 month. Our philosophy towards forecasting volatility of a stock is to use all available market data together with company specific technical indicators that cannot be diversified away. We have found twenty-eight technical indicators for Pioneer Natural Reso which you can use to evaluate future volatility of the company. Please check Pioneer Natural Reso Coefficient Of Variation of 1024.3, Semi Deviation of 0.9372 and Risk Adjusted Performance of 0.0732 to confirm if risk estimate we provide are consistent with the epected return of 0.1311%.
Investment Horizon     30 Days    Login   to change

Projected Return Density Against Market

Considering 30-days investment horizon, Pioneer Natural has beta of 0.1204 . This implies as returns on market go up, Pioneer Natural average returns are expected to increase less than the benchmark. However during bear market, the loss on holding Pioneer Natural Resources Co will be expected to be much smaller as well. Moreover, Pioneer Natural Resources Co has an alpha of 0.1767 implying that it can potentially generate 0.1767% excess return over NYSE after adjusting for the inherited market risk (beta).
 Predicted Return Density 
Benchmark  Embed   Returns 
Considering 30-days investment horizon, the coefficient of variation of Pioneer Natural is 1449.76. The daily returns are destributed with a variance of 3.61 and standard deviation of 1.9. The mean deviation of Pioneer Natural Resources Co is currently at 1.3. For similar time horizon, the selected benchmark (NYSE) has volatility of 0.68
Alpha over NYSE
= 0.18 
βBeta against NYSE= 0.12 
Overall volatility
= 1.90 
 IrInformation ratio = 0.09 

Actual Return Volatility

Pioneer Natural Resources Co has volatility of 1.9001% on return distribution over 30 days investment horizon. NYSE inherits 0.6128% risk (volatility on return distribution) over the 30 days horizon.
 Daily Returns (%) 
Benchmark  Embed   Timeline 

30 Days Market Risk

Not too risky

Chance of Distress in 24 months

30 Days Economic Sensitivity

Barely shadows market
Total Debt
Pioneer Natural Reso Total Debt History
Largest Trends
Pioneer Natural Largest Period Trend
0.82  0.48%
Lowest period price (30 days)
5.22  2.78%
Highest period price (30 days)
Investment Outlook
Pioneer Natural Investment Opportunity
Pioneer Natural Resources Co has a volatility of 1.9 and is 3.11 times more volatile than NYSE. 18% of all equities and portfolios are less risky than Pioneer Natural. Compared to the overall equity markets, volatility of historical daily returns of Pioneer Natural Resources Co is lower than 18 (%) of all global equities and portfolios over the last 30 days. Use Pioneer Natural Resources Co to protect against small markets fluctuations. The stock experiences somewhat bearish sentiment, but market may correct it shortly. Check odds of Pioneer Natural to be traded at $180.67 in 30 days. As returns on market increase, Pioneer Natural returns are expected to increase less than the market. However during bear market, the loss on holding Pioneer Natural will be expected to be smaller as well.

Pioneer Natural correlation with market

Significant diversification
Overlapping area represents amount of risk that can be diversified away by holding Pioneer Natural Resources Co. and equity matching NYA index in the same portfolio