We consider Papa Johns not too risky. Papa Johns Internati maintains Sharpe Ratio (i.e. Efficiency) of 0.0103 which implies Papa Johns Internati had 0.0103% 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-one technical indicators for Papa Johns Internati which you can use to evaluate future volatility of the company. Please check Papa Johns Internati Coefficient Of Variation of 10987.16, Semi Deviation of 1.68 and Risk Adjusted Performance of 0.0136 to confirm if risk estimate we provide are consistent with the epected return of 0.0201%.
|Time Horizon||30 Days Login to change|
Papa Johns Market Sensitivity
|As returns on market increase, Papa Johns returns are expected to increase less than the market. However during bear market, the loss on holding Papa Johns will be expected to be smaller as well.One Month Beta |Analyze Papa Johns Internati Demand TrendCheck current 30 days Papa Johns correlation with market (DOW)|
β = 0.0791
Papa Johns Internati Technical Analysis
Projected Return Density Against MarketGiven the investment horizon of 30 days, Papa Johns has beta of 0.0791 . This implies as returns on market go up, Papa Johns average returns are expected to increase less than the benchmark. However during bear market, the loss on holding Papa Johns International Inc will be expected to be much smaller as well. Moreover, Papa Johns International Inc has an alpha of 0.0168 implying that it can potentially generate 0.0168% excess return over DOW after adjusting for the inherited market risk (beta).
Given the investment horizon of 30 days, the coefficient of variation of Papa Johns is 9727.69. The daily returns are destributed with a variance of 3.84 and standard deviation of 1.96. The mean deviation of Papa Johns International Inc is currently at 1.32. For similar time horizon, the selected benchmark (DOW) has volatility of 0.99