ResMed has performance score of 0 on a scale of 0 to 100. The organization holds Beta of -0.1724 which implies as returns on market increase, returns on owning ResMed are expected to decrease at a much smaller rate. During bear market, ResMed is likely to outperform the market.. Although it is extremely important to respect ResMed current trending patterns, it is better to be realistic regarding the information on equity existing price patterns. The philosophy towards forecasting future performance of any stock is to evaluate the business as a whole together with its past performance including all available fundamental and technical indicators. By analyzing ResMed technical indicators you can presently evaluate if the expected return of 0.0084% will be sustainable into the future. ResMed right now holds a risk of 1.2328%. Please check ResMed Expected Short fall, and the relationship between Value At Risk and Daily Balance Of Power to decide if ResMed will be following its historical price patterns.
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