Sprint Risk Analysis And Volatility

S -- USA Stock  

USD 6.15  0.11  0.02%

We consider Sprint relatively risky. Sprint owns Efficiency Ratio (i.e. Sharpe Ratio) of 0.0028 which indicates the firm had 0.0028% of return per unit of risk over the last 2 months. Our philosophy towards measuring volatility of a stock is to use all available market data together with stock specific technical indicators that cannot be diversified away. We have found twenty-eight technical indicators for Sprint Corporation which you can use to evaluate future volatility of the company. Please validate Sprint Risk Adjusted Performance of (0.026748) and Coefficient Of Variation of (7,022) to confirm if risk estimate we provide are consistent with the epected return of 0.0061%.
Interest Expense
Horizon     30 Days    Login   to change

Sprint Market Sensitivity

Sprint returns are very sensitive to returns on the market. As market goes up or down, Sprint is expected to follow.
2 Months Beta |Analyze Sprint Demand Trend
Check current 30 days Sprint correlation with market (DOW)
β = 0.8573

Sprint Central Daily Price Deviation

Sprint Technical Analysis

Transformation
The output start index for this execution was zero with a total number of output elements of thirty-nine. Sprint Average Price is the average of the sum of open, high, low and close daily prices of a bar. It can be used to smooth an indicator that normally takes just the closing price as input. View also all equity analysis or get more info about average price price transform indicator.

Sprint Projected Return Density Against Market

Taking into account the 30 trading days horizon, Sprint has beta of 0.8573 . This entails Sprint Corporation market returns are sensible to returns on the market. As the market goes up or down, Sprint is expected to follow. Moreover, The company has an alpha of 0.0086 implying that it can potentially generate 0.0086% excess return over DOW after adjusting for the inherited market risk (beta).
 Predicted Return Density 
      Returns 
Taking into account the 30 trading days horizon, the coefficient of variation of Sprint is 35802.5. The daily returns are destributed with a variance of 4.77 and standard deviation of 2.18. The mean deviation of Sprint Corporation is currently at 1.49. For similar time horizon, the selected benchmark (DOW) has volatility of 1.94
α
Alpha over DOW
=0.0086
β
Beta against DOW=0.86
σ
Overall volatility
=2.18
Ir
Information ratio =0.0078

Sprint Return Volatility

the enterprise accepts 2.183% volatility on return distribution over the 30 days horizon. the entity inherits 1.9998% risk (volatility on return distribution) over the 30 days horizon.
 Performance (%) 
      Timeline 

Market Risk Breakdown

Sprint Volatility Factors

60 Days Market Risk

Relatively risky

Chance of Distress in 24 months

Close to average

60 Days Economic Sensitivity

Follows market closely

Investment Outlook

Sprint Investment Opportunity

Sprint Corporation has a volatility of 2.18 and is 1.09 times more volatile than DOW. 19% of all equities and portfolios are less risky than Sprint. Compared to the overall equity markets, volatility of historical daily returns of Sprint Corporation is lower than 19 (%) of all global equities and portfolios over the last 30 days. Use Sprint Corporation to enhance returns of your portfolios. The stock experiences normal upward fluctuation. Check odds of Sprint to be traded at $6.46 in 30 days. . Sprint returns are very sensitive to returns on the market. As market goes up or down, Sprint is expected to follow.

Sprint correlation with market

correlation synergy
Poor diversification
Overlapping area represents the amount of risk that can be diversified away by holding Sprint Corp. and equity matching DJI index in the same portfolio.

Sprint Volatility Indicators

Sprint Corporation Current Risk Indicators

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