Daiwa risk analysis

Use Daiwa Associate Holdings Ltd (#BMG2625R1209HK) risk analysis within your existing portfolios mixed with equities fromn Hong Kong Stock Exchange to protect against small markets fluctuations as well as to determine Stock diversification method that is right for you.  Build Portfolio

Projected Return Density against Market

Assuming 30 trading days horizon, Daiwa Associate Holdings Ltd has beta of -0.18 . This suggests as returns on benchmark increase, returns on holding Daiwa are expected to decrease at a much smaller rate. During bear market, however, Daiwa Associate Holdings Ltd is likely to outperform the market. Additionally, Daiwa Associate Holdings Ltd has negative alpha implying that risk taken by holding this securing is not justified. The company is significantly underperforming Hang SengAssuming 30 trading days horizon, the coefficient of variation of Daiwa is -435.89. The daily returns are destributed with a variance of 6.04 and standard deviation of 2.46. The mean deviation of Daiwa Associate Holdings Ltd is currently at 1.07. For similar time horizon, the selected benchmark (Hang Seng) has volatility of 0.87

	(alpha)	=	(0.18)	Details
	(beta)	=	(0.18)	Details
	(volatility)	=	2.46	Details

Actual Return Volatility

Daiwa Associate Holdings Ltd accepts 2.46% volatility on return distribution over the 30 days horizon. Hang Seng inherits 0.81% risk (volatility on return distribution) over the 30 days horizon.