Sprint Risk Analysis

Sprint Corporation -- USA Stock  

USD 5.32  0.15  2.74%

Macroaxis considers Sprint to be relatively volatile. Sprint owns Efficiency Ratio (i.e. Sharpe Ratio) of -0.2277 which indicates Sprint had -0.2277% of return per unit of risk over the last 1 month. Macroaxis philosophy towards measuring risk of any stock is to look at both systematic and un-systematic factors of the business, including all available market data and technical indicators. Sprint Corporation exposes twenty-one different technical indicators which can help you to evaluate volatility that cannot be diversified away. Please be advised to validate Sprint Coefficient Of Variation of (938.73) and Risk Adjusted Performance of (0.039468) to confirm risk estimate we provide.
 Time Horizon     30 Days    Login   to change

Sprint Market Sensitivity

As returns on market increase, returns on owning Sprint are expected to decrease by larger amounts. On the other hand, during market turmoil, Sprint is expected to significantly outperform it.
One Month Beta |Analyze Sprint Demand Trend
Check current 30 days Sprint correlation with market (DOW)
β = -1.5828
Sprint Large Negative BetaSprint Beta Legend

Sprint Technical Analysis

Transformation
The output start index for this execution was zero with a total number of output elements of seventeen. 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.

Projected Return Density Against Market

Taking into account the 30 trading days horizon, Sprint Corporation has beta of -1.5828 . This entails as returns on its benchmark rise, returns on holding Sprint Corporation are expected to decrease by similarly larger amounts. On the other hand, during market turmoils, Sprint is expected to outperform its benchmark. Moreover, Sprint Corporation has an alpha of 0.1383 implying that it can potentially generate 0.1383% 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 -439.22. The daily returns are destributed with a variance of 3.53 and standard deviation of 1.88. The mean deviation of Sprint Corporation is currently at 1.45. For similar time horizon, the selected benchmark (DOW) has volatility of 0.44
α
Alpha over DOW
=0.14
β
Beta against DOW=1.58
σ
Overall volatility
=1.88
Ir
Information ratio =0.23

Actual Return Volatility

Sprint Corporation accepts 1.8787% volatility on return distribution over the 30 days horizon. DOW inherits 0.4629% risk (volatility on return distribution) over the 30 days horizon.
 Performance (%) 
      Timeline 

Market Risk Breakdown

Sprint Volatility Factors

30 Days Market Risk

Relatively volatile

Chance of Distress in 24 months

About average

30 Days Economic Sensitivity

Very regressive towards market

Total Debt

Sprint Total Debt History

Total Debt

Largest Trends

Sprint Largest Period Trend

Investment Outlook

Sprint Investment Opportunity
Sprint Corporation has a volatility of 1.88 and is 4.09 times more volatile than DOW. 17% 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 17 (%) of all global equities and portfolios over the last 30 days. Use Sprint Corporation to protect against small markets fluctuations. The stock experiences unexpected downward movement. The market is reacting to new fundamentals. Check odds of Sprint to be traded at $5.11 in 30 days. As returns on market increase, returns on owning Sprint are expected to decrease by larger amounts. On the other hand, during market turmoil, Sprint is expected to significantly outperform it.

Sprint correlation with market

Very good 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.

Volatility Indicators

Sprint Current Risk Indicators