DENTSPLY SIRONA Risk Analysis And Volatility Evaluation

XRAY -- USA Stock  

USD 45.06  0.12  0.27%

Macroaxis considers DENTSPLY SIRONA to be not too risky. DENTSPLY SIRONA secures Sharpe Ratio (or Efficiency) of -0.1581 which denotes DENTSPLY SIRONA had -0.1581% of return per unit of risk over the last 1 month. Macroaxis approach towards predicting 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. DENTSPLY SIRONA exposes twenty-eight different technical indicators which can help you to evaluate volatility that cannot be diversified away. Please be advised to confirm DENTSPLY SIRONA Mean Deviation of 1.09 to check risk estimate we provide.
 Time Horizon     30 Days    Login   to change

DENTSPLY SIRONA Technical Analysis

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

Given the investment horizon of 30 days, DENTSPLY SIRONA has beta of 0.0 . This means unless we do not have required data, the returns on DOW and DENTSPLY SIRONA are completely uncorrelated. Furthermore, DENTSPLY SIRONAIt does not look like DENTSPLY SIRONA alpha can have any bearing on the equity current valuation.
 Predicted Return Density 
      Returns 
Given the investment horizon of 30 days, the coefficient of variation of DENTSPLY SIRONA is -632.37. The daily returns are destributed with a variance of 2.43 and standard deviation of 1.56. The mean deviation of DENTSPLY SIRONA is currently at 1.19. For similar time horizon, the selected benchmark (DOW) has volatility of 0.0
α
Alpha over DOW
=0.00
β
Beta against DOW=0.00
σ
Overall volatility
=1.56
Ir
Information ratio =0.19

Actual Return Volatility

DENTSPLY SIRONA inherits 1.5574% risk (volatility on return distribution) over the 30 days horizon. DOW inherits 0.6066% risk (volatility on return distribution) over the 30 days horizon.
 Performance (%) 
      Timeline 

Market Risk Breakdown

DENTSPLY SIRONA Volatility Factors

30 Days Market Risk

Not too risky

Chance of Distress in 24 months

30 Days Economic Sensitivity

Market Insensitive

Investment Outlook

DENTSPLY SIRONA Investment Opportunity
DENTSPLY SIRONA has a volatility of 1.56 and is 2.56 times more volatile than DOW. 14% of all equities and portfolios are less risky than DENTSPLY SIRONA. Compared to the overall equity markets, volatility of historical daily returns of DENTSPLY SIRONA is lower than 14 (%) of all global equities and portfolios over the last 30 days.

Total Debt

DENTSPLY SIRONA Total Debt History

Total Debt

Volatility Indicators

DENTSPLY SIRONA Current Risk Indicators
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