Macroaxis considers Pioneer Natural not too risky given 1 month investment horizon. Pioneer Natural Reso maintains Sharpe Ratio (i.e. Efficiency) of 0.1075 which implies Pioneer Natural Reso had 0.1075% 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 employ Pioneer Natural Reso Coefficient Of Variation of 819.66, Semi Deviation of 2.31 and Risk Adjusted Performance of 0.0768 to confirm if our risk estimates are consistent with your expectations.
|Investment Horizon||30 Days Login to change|
Pioneer Natural Market Sensitivity
|As returns on market increase, returns on owning Pioneer Natural are expected to decrease at a much smaller rate. During bear market, Pioneer Natural is likely to outperform the market.One Month Beta |Analyze Pioneer Natural Reso Demand TrendCheck current 30 days Pioneer Natural correlation with market (NYSE)|
β = -0.2792