Macroaxis considers Apple to be not too risky. Apple Inc secures Sharpe Ratio (or Efficiency) of -0.0246 which signifies that Apple Inc had -0.0246% of return per unit of risk over the last 1 month. Macroaxis philosophy towards foreseeing risk of any stock is to look at both systematic and un-systematic factors of the business, including all available market data and technical indicators. Apple Inc exposes twenty-one different technical indicators which can help you to evaluate volatility that cannot be diversified away. Please be advised to confirm Apple Inc Risk Adjusted Performance of
(0.01) and Mean Deviation of 0.4037 to double-check risk estimate we provide.
|Investment Horizon||30 Days Login to change|
Apple Market Sensitivity
|As returns on market increase, returns on owning Apple are expected to decrease at a much smaller rate. During bear market, Apple is likely to outperform the market.One Month Beta |Analyze Apple Inc Demand TrendCheck current 30 days Apple correlation with market (NYSE)|
β = -0.234