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Advanced Micro Risk Analysis And Volatility

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AMD -- USA Stock  

Buyout Trend

Macroaxis considers Advanced Micro not too volatile given 3 months investment horizon. Advanced Micro Devices secures Sharpe Ratio (or Efficiency) of 0.2675 which signifies that the organization had 0.2675% of return per unit of risk over the last 3 months. Our philosophy towards foreseeing volatility of a stock is to use all available market data together with stock specific technical indicators that cannot be diversified away. By analyzing Advanced Micro Devices technical indicators you can presently evaluate if the expected return of 0.6151% is justified by implied risk. Please makes use of Advanced Micro Devices Downside Deviation of 2.2, Mean Deviation of 1.75 and Risk Adjusted Performance of 0.2187 to double-check if our risk estimates are consistent with your expectations.
Interest Expense

90 Days Market Risk

Not too volatile

Chance of Distress

Very Low

90 Days Economic Sensitivity

Moves indifferently to market moves

Advanced Micro Market Sensitivity

As returns on market increase, returns on owning Advanced Micro are expected to decrease at a much smaller rate. During bear market, Advanced Micro is likely to outperform the market.
3 Months Beta |Analyze Advanced Micro Devices Demand Trend
Check current 30 days Advanced Micro correlation with market (DOW)
β = -0.1654

Advanced Micro Central Daily Price Deviation

Advanced Micro Devices Technical Analysis

Transformation
The output start index for this execution was zero with a total number of output elements of sixty-one. Advanced Micro Devices 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.

Advanced Micro Projected Return Density Against Market

Considering 30-days investment horizon, Advanced Micro Devices has beta of -0.1654 . This suggests as returns on benchmark increase, returns on holding Advanced Micro are expected to decrease at a much smaller rate. During bear market, however, Advanced Micro Devices is likely to outperform the market. Moreover, The company has an alpha of 0.6287 implying that it can potentially generate 0.6287% excess return over DOW after adjusting for the inherited market risk (beta).
 Predicted Return Density 
    
  Returns 
Considering 30-days investment horizon, the coefficient of variation of Advanced Micro is 373.87. The daily returns are destributed with a variance of 5.29 and standard deviation of 2.3. The mean deviation of Advanced Micro Devices is currently at 1.69. For similar time horizon, the selected benchmark (DOW) has volatility of 0.79
α
Alpha over DOW
=0.63
β
Beta against DOW=0.17
σ
Overall volatility
=2.30
Ir
Information ratio =0.23

Advanced Micro Return Volatility

the firm has volatility of 2.2995% on return distribution over 30 days investment horizon. the entity inherits 0.8015% risk (volatility on return distribution) over the 30 days horizon.
 Performance (%) 
    
  Timeline 

Advanced Micro Investment Opportunity

Advanced Micro Devices has a volatility of 2.3 and is 2.87 times more volatile than DOW. 20  of all equities and portfolios are less risky than Advanced Micro. Compared to the overall equity markets, volatility of historical daily returns of Advanced Micro Devices is lower than 20 () of all global equities and portfolios over the last 30 days. Use Advanced Micro Devices to enhance returns of your portfolios. The stock experiences unexpected upward trend. Watch out for market signals. Check odds of Advanced Micro to be traded at $68.27 in 30 days. . As returns on market increase, returns on owning Advanced Micro are expected to decrease at a much smaller rate. During bear market, Advanced Micro is likely to outperform the market.

Advanced Micro correlation with market

correlation synergy
Good diversification
Overlapping area represents the amount of risk that can be diversified away by holding Advanced Micro Devices Inc and equity matching DJI index in the same portfolio.

Advanced Micro Current Risk Indicators

Advanced Micro Suggested Diversification Pairs

Please continue to Trending Equities. Please also try World Markets Correlation module to find global opportunities by holding instruments from different markets.
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