Macroaxis considers Tiffany not too risky given 1 month investment horizon. Tiffany Co owns Efficiency Ratio (i.e. Sharpe Ratio) of 0.327 which indicates Tiffany Co had 0.327% of return per unit of risk over the last 1 month. Our philosophy towards measuring 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 technical indicators for Tiffany Co which you can use to evaluate future volatility of the company. Please operate Tiffany Downside Deviation of 0.5737, Standard Deviation of 1.25 and Risk Adjusted Performance of 0.1688 to confirm if our risk estimates are consistent with your expectations.
|Time Horizon||30 Days Login to change|
Tiffany Market Sensitivity
|As returns on market increase, returns on owning Tiffany are expected to decrease by larger amounts. On the other hand, during market turmoil, Tiffany is expected to significantly outperform it.One Month Beta |Analyze Tiffany Co Demand TrendCheck current 30 days Tiffany correlation with market (DOW)|
β = -1.4299
Tiffany Co Technical Analysis
Projected Return Density Against MarketConsidering 30-days investment horizon, Tiffany Co has beta of -1.4299 . This entails as returns on its benchmark rise, returns on holding Tiffany Co are expected to decrease by similarly larger amounts. On the other hand, during market turmoils, Tiffany is expected to outperform its benchmark. Moreover, Tiffany Co has an alpha of 0.8343 implying that it can potentially generate 0.8343% excess return over DOW after adjusting for the inherited market risk (beta).
Considering 30-days investment horizon, the coefficient of variation of Tiffany is 305.83. The daily returns are destributed with a variance of 1.08 and standard deviation of 1.04. The mean deviation of Tiffany Co is currently at 0.81. For similar time horizon, the selected benchmark (DOW) has volatility of 0.39