Tsingtao Brewery (Germany) Risk Analysis And Volatility Evaluation

TSI -- Germany Stock  

EUR 3.39  0.00  0.00%

Macroaxis considers Tsingtao Brewery to be unknown risk. Tsingtao Brewery owns Efficiency Ratio (i.e. Sharpe Ratio) of -0.211 which indicates Tsingtao Brewery had -0.211% of return per unit of risk over the last 2 months. 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. Tsingtao Brewery Company Limited exposes twenty-one different technical indicators which can help you to evaluate volatility that cannot be diversified away. Please be advised to validate Tsingtao Brewery Coefficient Of Variation of (15,762) and Risk Adjusted Performance of (0.00010158) to confirm risk estimate we provide.
Horizon     30 Days    Login   to change

Tsingtao Brewery Market Sensitivity

As returns on market increase, returns on owning Tsingtao Brewery are expected to decrease at a much smaller rate. During bear market, Tsingtao Brewery is likely to outperform the market.
2 Months Beta |Analyze Tsingtao Brewery Demand Trend
Check current 30 days Tsingtao Brewery correlation with market (DOW)
β = -0.2699

Tsingtao Brewery Central Daily Price Deviation

Tsingtao Brewery Technical Analysis

Transformation
We are not able to run technical analysis function on this symbol. We either do not have that equity or its historical data is not available at this time. Please try again later.

Tsingtao Brewery Projected Return Density Against Market

Assuming 30 trading days horizon, Tsingtao Brewery Company Limited has beta of -0.2699 . This entails as returns on benchmark increase, returns on holding Tsingtao Brewery are expected to decrease at a much smaller rate. During bear market, however, Tsingtao Brewery Company Limited is likely to outperform the market. Additionally, Tsingtao Brewery Company Limited has a negative alpha implying that the risk taken by holding this equity is not justified. The company is significantly underperforming DOW
 Predicted Return Density 
      Returns 
Assuming 30 trading days horizon, the coefficient of variation of Tsingtao Brewery is -473.95. The daily returns are destributed with a variance of 63.02 and standard deviation of 7.94. The mean deviation of Tsingtao Brewery Company Limited is currently at 5.76. For similar time horizon, the selected benchmark (DOW) has volatility of 1.38
α
Alpha over DOW
=0.12
β
Beta against DOW=0.27
σ
Overall volatility
=7.94
Ir
Information ratio =0.0087

Tsingtao Brewery Return Volatility

Tsingtao Brewery Company Limited assumes 7.9387% volatility of returns over the 30 days investment horizon. DOW inherits 1.2918% risk (volatility on return distribution) over the 30 days horizon.
 Performance (%) 
      Timeline 

Did you try this?

Run Equity Forecasting Now

   

Equity Forecasting

Use basic forecasting models to generate price predictions and determine price momentum
All  Next Launch Equity Forecasting

Investment Outlook

Tsingtao Brewery Investment Opportunity

Tsingtao Brewery Company Limited has a volatility of 7.94 and is 6.16 times more volatile than DOW. 71% of all equities and portfolios are less risky than Tsingtao Brewery. Compared to the overall equity markets, volatility of historical daily returns of Tsingtao Brewery Company Limited is higher than 71 (%) of all global equities and portfolios over the last 30 days. Use Tsingtao Brewery Company Limited to protect against small markets fluctuations. The stock experiences normal downward trend, but the immediate impact on correlations cannot be determined at the moment . Check odds of Tsingtao Brewery to be traded at €3.36 in 30 days. As returns on market increase, returns on owning Tsingtao Brewery are expected to decrease at a much smaller rate. During bear market, Tsingtao Brewery is likely to outperform the market.

Tsingtao Brewery correlation with market

correlation synergy
Good diversification
Overlapping area represents the amount of risk that can be diversified away by holding Tsingtao Brewery Company Limit and equity matching DJI index in the same portfolio.

Tsingtao Brewery Volatility Indicators

Tsingtao Brewery Company Limited Current Risk Indicators

Also please take a look at World Market Map. Please also try Technical Analysis module to check basic technical indicators and analysis based on most latest market data.
Search macroaxis.com