We consider Apple not too risky. Apple Inc secures Sharpe Ratio (or Efficiency) of 0.2242 which signifies that Apple Inc had 0.2242% 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-eight technical indicators for Apple Inc which you can use to evaluate future volatility of the firm. Please confirm Apple Inc Downside Deviation of 0.5881, Risk Adjusted Performance of 0.1171 and Mean Deviation of 0.4778 to double-check if risk estimate we provide are consistent with the epected return of 0.1567%.
|Investment Horizon||30 Days Login to change|
Apple Market Sensitivity
|Apple returns are very sensitive to returns on the market. As market goes up or down, Apple is expected to follow.One Month Beta |Analyze Apple Inc Demand TrendCheck current 30 days Apple correlation with market (NYSE)|
β = 0.9607