We consider A10 Networks slightly risky. A10 Networks retains Efficiency (Sharpe Ratio) of 0.078 which signifies that the company had 0.078% of return per unit of price deviation over the last 2 months. Our way in which we are foreseeing volatility of a stock is to use all available market data together with stock specific technical indicators that cannot be diversified away. We have found twenty-eight technical indicators for A10 Networks which you can use to evaluate future volatility of the entity. Please confirm A10 Networks Coefficient Of Variation of 1298.1, Standard Deviation of 1.72 and Market Risk Adjusted Performance of 0.4077 to double-check if risk estimate we provide are consistent with the epected return of 0.1323%.
60 Days Market Risk
Chance of Distress in 24 months
60 Days Economic Sensitivity
Slowly supersedes market
|Horizon||30 Days Login to change|
A10 Networks Market Sensitivity
|As returns on market increase, A10 Networks returns are expected to increase less than the market. However during bear market, the loss on holding A10 Networks will be expected to be smaller as well. 2 Months Beta |Analyze A10 Networks Demand TrendCheck current 30 days A10 Networks correlation with market (DOW)|
β = 0.3071
A10 Networks Central Daily Price Deviation
A10 Networks Technical Analysis
A10 Networks Projected Return Density Against MarketGiven the investment horizon of 30 days, A10 Networks has beta of 0.3071 . This suggests as returns on market go up, A10 Networks average returns are expected to increase less than the benchmark. However during bear market, the loss on holding A10 Networks will be expected to be much smaller as well. Moreover, The company has an alpha of 0.1362 implying that it can potentially generate 0.1362% excess return over DOW after adjusting for the inherited market risk (beta).
Predicted Return Density
Given the investment horizon of 30 days, the coefficient of variation of A10 Networks is 1281.52. The daily returns are destributed with a variance of 2.88 and standard deviation of 1.7. The mean deviation of A10 Networks is currently at 1.26. For similar time horizon, the selected benchmark (DOW) has volatility of 0.92
|Alpha over DOW||=||0.14|
|Beta against DOW||=||0.31|
A10 Networks Return Volatilitythe corporation inherits 1.6956% risk (volatility on return distribution) over the 30 days horizon. the entity inherits 0.9192% risk (volatility on return distribution) over the 30 days horizon.
A10 Networks Investment Opportunity
A10 Networks has a volatility of 1.7 and is 1.85 times more volatile than DOW. 15% of all equities and portfolios are less risky than A10 Networks. Compared to the overall equity markets, volatility of historical daily returns of A10 Networks is lower than 15 (%) of all global equities and portfolios over the last 30 days. Use A10 Networks to enhance returns of your portfolios. The stock experiences normal upward fluctuation. Check odds of A10 Networks to be traded at $7.5 in 30 days. . As returns on market increase, A10 Networks returns are expected to increase less than the market. However during bear market, the loss on holding A10 Networks will be expected to be smaller as well.
A10 Networks correlation with market
A10 Networks Current Risk Indicators
|Risk Adjusted Performance||0.0755|
|Market Risk Adjusted Performance||0.4077|
|Coefficient Of Variation||1298.1|
A10 Networks Suggested Diversification Pairs