We consider Apple not too risky. Apple Inc secures Sharpe Ratio (or Efficiency) of 0.1748 which signifies that Apple Inc had 0.1748% of return per unit of risk over the last 1 month. Our philosophy towards foreseeing volatility of a stock is to use all available market data together with company specific technical indicators that cannot be diversified away. We have found twenty-five technical indicators for Apple Inc which you can use to evaluate future volatility of the firm. Please confirm Apple Inc Coefficient Of Variation of 320.46, Risk Adjusted Performance of 0.1476 and Mean Deviation of 0.3715 to double-check if risk estimate we provide are consistent with the epected return of 0.089%.
|Investment Horizon||30 Days Login to change|
Apple Market Sensitivity
|As returns on market increase, Apple returns are expected to increase less than the market. However during bear market, the loss on holding Apple will be expected to be smaller as well.One Month Beta |Analyze Apple Inc Demand TrendCheck current 30 days Apple correlation with market (NYSE)|
β = 0.168