The organization shows Beta (market volatility) of 0.0 which denotes to the fact that the returns on MARKET and DOW are completely uncorrelated. Even though it is essential to pay attention to DOW historical returns, it is always good to be careful when utilizing equity current trending patterns. Macroaxis approach towards predicting future performance of any index is to check both, its past performance charts as well as the business as a whole, including all available technical indicators. DOW exposes twenty-eight different technical indicators which can help you to evaluate its performance.
|Horizon||30 Days Login to change|
DOW Relative Risk vs. Return LandscapeIf you would invest 2,570,668 in DOW on November 16, 2018 and sell it today you would lose (160,617) from holding DOW or give up 6.25% of portfolio value over 30 days. DOW is currently does not generate positive expected returns and assumes 1.2919% risk (volatility on return distribution) over the 30 days horizon. In different words, 11% of equities are less volatile than DOW and 99% of traded equity instruments are projected to make higher returns than the company over the 30 days investment horizon.
Daily Expected Return (%)
DOW Market Risk Analysis
Sharpe Ratio = -0.1125
DOW Relative Performance Indicators
Estimated Market Risk