Biostime risk analysis

Use Biostime International Holdings Limited China (#KYG112591014HK) 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, Biostime has beta of 0.62 . This suggests as returns on market go up, Biostime avarage returns are expected to increase less than the benchmark. However during bear market, the loss on holding Biostime International Holdings Limited China will be expected to be much smaller as well. Moreover, Biostime International Holdings Limited China has alpha of 0.62 implying that it can potentially generate 0.62% excess return over S&P 500 after adjusting for the inherited market risk (beta).Assuming 30 trading days horizon, the coefficient of variation of Biostime is -3010.14. The daily returns are destributed with a variance of 5.41 and standard deviation of 2.33. The mean deviation of Biostime International Holdings Limited China is currently at 1.7. For similar time horizon, the selected benchmark (S&P 500) has volatility of 0.54

	(alpha)	=	0.62	Details
	(beta)	=	0.62	Details
	(volatility)	=	2.33	Details

Actual Return Volatility

Biostime International Holdings Limited China accepts 2.33% volatility on return distribution over the 30 days horizon. S&P 500 shows 0.54% volatility of returns over 30 trading days.