Lowes Volatility

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LOW -- USA Stock  

Fiscal Quarter End: 31st of July 2020  

Macroaxis considers Lowes Companies very steady given 3 months investment horizon. Lowes Companies has Sharpe Ratio of 0.0695, which conveys that the firm had 0.0695% of return per unit of risk over the last 3 months. Our philosophy towards estimating the volatility of a stock is to use all available market data together with stock specific technical indicators that cannot be diversified away. By analyzing Lowes Companies technical indicators you can presently evaluate if the expected return of 0.6699% is justified by implied risk. Please exercise Lowes Companies Mean Deviation of 4.91, Downside Deviation of 8.84 and Risk Adjusted Performance of 0.215 to check out if our risk estimates are consistent with your expectations.

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Lowes Companies Stock volatility depicts how high the prices fluctuate around the mean (or its average) price. In other words, it is a statistical measure of the distribution of Lowes daily returns, and it is calculated using variance and standard deviation. We also use Lowes's beta, its sensitivity to the market, as well as its odds of financial distress to provide a more practical estimation of Lowes Companies volatility.

  Interest Expense

90 Days Market Risk

Very steady

Chance of Distress

90 Days Economic Sensitivity

Almost neglects market trends

Lowes Companies Market Sensitivity

As returns on market increase, returns on owning Lowes Companies are expected to decrease at a much smaller rate. During bear market, Lowes Companies is likely to outperform the market.
3 Months Beta |Analyze Lowes Companies Demand Trend
Check current 30 days Lowes Companies correlation with market (DOW)
β = -0.4537

Lowes Companies Central Daily Price Deviation

Lowes Companies Technical Analysis

Transformation
The output start index for this execution was zero with a total number of output elements of sixty-one. The Median Price line plots median indexes of Lowes Companies price series. View also all equity analysis or get more info about median price price transform indicator.

Lowes Companies Projected Return Density Against Market

Considering 30-days investment horizon, Lowes Companies has beta of -0.4537 indicating as returns on benchmark increase, returns on holding Lowes Companies are expected to decrease at a much smaller rate. During bear market, however, Lowes Companies is likely to outperform the market. Moreover, The company has an alpha of 0.5032 implying that it can potentially generate 0.5032% 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 Lowes Companies is 1439.86. The daily returns are destributed with a variance of 93.05 and standard deviation of 9.65. The mean deviation of Lowes Companies is currently at 4.91. For similar time horizon, the selected benchmark (DOW) has volatility of 4.11
α
Alpha over DOW
=0.50
β
Beta against DOW=-0.45
σ
Overall volatility
=9.65
Ir
Information ratio =0.0421

Lowes Companies Return Volatility

the venture has volatility of 9.646% on return distribution over 30 days investment horizon. the entity inherits 4.0893% risk (volatility on return distribution) over the 30 days horizon.
 Performance (%) 
      Timeline 

About Lowes Companies Volatility

Volatility is a rate at which the price of Lowes Companies or any other equity instrument increases or decreases for a given set of returns. It is measured by calculating the standard deviation of the annualized returns over a given period of time and shows the range to which the price of Lowes Companies may increase or decrease. In other words, similar to Lowes's beta indicator, it measures the risk of Lowes Companies and helps estimate the fluctuations that may happen in a short period of time. So if prices of Lowes Companies fluctuate rapidly in a short time span, it is termed to have high volatility, and if it swings slowly in a more extended period, it is understood to have low volatility. Please read more on our technical analysis page.

Lowes Companies Investment Opportunity

Lowes Companies has a volatility of 9.65 and is 2.36 times more volatile than DOW. 84  of all equities and portfolios are less risky than Lowes Companies. Compared to the overall equity markets, volatility of historical daily returns of Lowes Companies is higher than 84 () of all global equities and portfolios over the last 30 days. Use Lowes Companies to enhance returns of your portfolios. The stock experiences normal upward fluctuation. Check odds of Lowes Companies to be traded at $134.53 in 30 days. . As returns on market increase, returns on owning Lowes Companies are expected to decrease at a much smaller rate. During bear market, Lowes Companies is likely to outperform the market.

Lowes Companies correlation with market

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

Lowes Companies Current Risk Indicators

Lowes Companies Suggested Diversification Pairs

Additionally, see Stocks Correlation. Please also try Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.
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