Macroaxis considers NIO extremely dangerous given 3 months investment horizon. NIO has Sharpe Ratio of 0.0579 which conveys that the firm had 0.0579% of return per unit of volatility over the last 3 months. Our approach towards estimating 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-one technical indicators for NIO which you can use to evaluate future volatility of the firm. Please exercise NIO Risk Adjusted Performance of 0.0915 and Mean Deviation of 3.34 to check out if our risk estimates are consistent with your expectations.
90 Days Market Risk
Chance of Distress in 24 months
90 Days Economic Sensitivity
Slowly supersedes market
|Horizon||30 Days Login to change|
NIO Market Sensitivity
|As returns on market increase, NIO returns are expected to increase less than the market. However during bear market, the loss on holding NIO will be expected to be smaller as well. 3 Months Beta |Analyze NIO Demand TrendCheck current 30 days NIO correlation with market (DOW)|
β = 0.439
NIO Central Daily Price Deviation
NIO Technical Analysis
NIO Projected Return Density Against MarketConsidering 30-days investment horizon, NIO has beta of 0.439 indicating as returns on market go up, NIO average returns are expected to increase less than the benchmark. However during bear market, the loss on holding NIO will be expected to be much smaller as well. Moreover, The company has an alpha of 0.3892 implying that it can potentially generate 0.3892% excess return over DOW after adjusting for the inherited market risk (beta).
Predicted Return Density
Considering 30-days investment horizon, the coefficient of variation of NIO is 1726.49. The daily returns are destributed with a variance of 18.11 and standard deviation of 4.26. The mean deviation of NIO is currently at 3.26. For similar time horizon, the selected benchmark (DOW) has volatility of 0.88
|Alpha over DOW||=||0.39|
|Beta against DOW||=||0.44|
NIO Return Volatilitythe corporation has volatility of 4.2558% on return distribution over 30 days investment horizon. the entity inherits 0.9157% risk (volatility on return distribution) over the 30 days horizon.
NIO Investment Opportunity
NIO has a volatility of 4.26 and is 4.63 times more volatile than DOW. 38% of all equities and portfolios are less risky than NIO. Compared to the overall equity markets, volatility of historical daily returns of NIO is lower than 38 (%) of all global equities and portfolios over the last 30 days. Use NIO to enhance returns of your portfolios. The stock experiences very speculative upward sentiment. . Check odds of NIO to be traded at $4.01 in 30 days. . As returns on market increase, NIO returns are expected to increase less than the market. However during bear market, the loss on holding NIO will be expected to be smaller as well.
NIO correlation with market
NIO Current Risk Indicators
|Risk Adjusted Performance||0.0915|
|Market Risk Adjusted Performance||0.9164|
|Coefficient Of Variation||1058.14|
NIO Suggested Diversification Pairs
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