Rex Energy is abnormally risky given 1 month investment horizon. Rex Energy maintains Sharpe Ratio (i.e. Efficiency) of 0.0832 which implies Rex Energy had 0.0832% of return per unit of risk over the last 1 month. Our philosophy towards forecasting risk of a stock is to use both market data as well as company specific technical data. We found twenty-one different technical indicators which can help you to evaluate if expected returns of 1.3596% are justified by taking the suggested risk. Use Rex Energy Coefficient Of Variation of 1420.55, Semi Deviation of 5.93 and Risk Adjusted Performance of 0.0408 to evaluate company specific risk that cannot be diversified away.
|Time Horizon||30 Days Login to change|
Rex Energy Market Sensitivity
|As returns on market increase, returns on owning Rex Energy are expected to decrease by larger amounts. On the other hand, during market turmoil, Rex Energy is expected to significantly outperform it.One Month Beta |Analyze Rex Energy Demand TrendCheck current 30 days Rex Energy correlation with market (DOW)|
β = -1.593
Rex Energy Technical Analysis
Projected Return Density Against MarketGiven the investment horizon of 30 days, Rex Energy Corporation has beta of -1.593 . This implies as returns on its benchmark rise, returns on holding Rex Energy Corporation are expected to decrease by similarly larger amounts. On the other hand, during market turmoils, Rex Energy is expected to outperform its benchmark. In addition to that, Rex Energy Corporation has an alpha of 1.3938 implying that it can potentially generate 1.3938% excess return over DOW after adjusting for the inherited market risk (beta).
Given the investment horizon of 30 days, the coefficient of variation of Rex Energy is 1202.58. The daily returns are destributed with a variance of 267.32 and standard deviation of 16.35. The mean deviation of Rex Energy Corporation is currently at 7.92. For similar time horizon, the selected benchmark (DOW) has volatility of 0.44