Macroaxis considers Apple not too risky given 1 month investment horizon. Apple Inc secures Sharpe Ratio (or Efficiency) of 0.3945 which signifies that Apple Inc had 0.3945% 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. By analyzing Apple Inc technical indicators you can presently evaluate if the expected return of 0.5266% is justified by implied risk. Please makes use of Apple Inc Coefficient Of Variation of 225.32, Risk Adjusted Performance of 0.1946 and Mean Deviation of 0.7588 to double-check if our risk estimates are consistent with your expectations.
|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 = 0.5358