Macroaxis considers Western Union not too volatile given 3 months investment horizon. Western Union shows Sharpe Ratio of 0.1881 which attests that the company had 0.1881% of return per unit of risk over the last 3 months. Our philosophy towards determining 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-one technical indicators for Western Union which you can use to evaluate future volatility of the organization. Please utilize Western Union Mean Deviation of 0.9661, Downside Deviation of 1.6 and Market Risk Adjusted Performance of 0.2952 to validate if our risk estimates are consistent with your expectations.
90 Days Market Risk
Not too volatile
Chance of Distress in 24 months
90 Days Economic Sensitivity
Almost mirrors market
|Horizon||30 Days Login to change|
Western Union Market Sensitivity
|Western Union returns are very sensitive to returns on the market. As market goes up or down, Western Union is expected to follow. 3 Months Beta |Analyze Western Union Demand TrendCheck current 30 days Western Union correlation with market (DOW)|
β = 0.912
Western Union Central Daily Price Deviation
Western Union Technical Analysis
Western Union Projected Return Density Against MarketAllowing for the 30-days total investment horizon, Western Union has beta of 0.912 . This means Western Union Company market returns are related to returns on the market. As the market goes up or down, Western Union is expected to follow. Moreover, The company has an alpha of 0.2846 implying that it can potentially generate 0.2846% excess return over DOW after adjusting for the inherited market risk (beta).
Predicted Return Density
Allowing for the 30-days total investment horizon, the coefficient of variation of Western Union is 531.73. The daily returns are destributed with a variance of 1.74 and standard deviation of 1.32. The mean deviation of Western Union Company is currently at 0.96. For similar time horizon, the selected benchmark (DOW) has volatility of 0.98
|Alpha over DOW||=||0.28|
|Beta against DOW||=||0.91|
Western Union Return Volatilitythe firm accepts 1.3176% volatility on return distribution over the 30 days horizon. the entity inherits 0.9886% risk (volatility on return distribution) over the 30 days horizon.
Western Union Investment Opportunity
Western Union Company has a volatility of 1.32 and is 1.33 times more volatile than DOW. 11 of all equities and portfolios are less risky than Western Union. Compared to the overall equity markets, volatility of historical daily returns of Western Union Company is lower than 11 () of all global equities and portfolios over the last 30 days. Use Western Union Company to protect your portfolios against small markets fluctuations. The stock experiences normal downward trend and little activity. Check odds of Western Union to be traded at $24.0 in 30 days. . Western Union returns are very sensitive to returns on the market. As market goes up or down, Western Union is expected to follow.
Western Union correlation with market
Western Union Current Risk Indicators
|Risk Adjusted Performance||0.2042|
|Market Risk Adjusted Performance||0.2952|
|Coefficient Of Variation||484.72|
Western Union Suggested Diversification Pairs