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 MarketConsidering 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).
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