DONGBEI (China) Risk Analysis

DONGBEI -- China Stock  

USD 1.69  0.02  1.17%

Macroaxis considers DONGBEI to be unusually risky. DONGBEI secures Sharpe Ratio (or Efficiency) of -0.1871 which denotes DONGBEI had -0.1871% of return per unit of risk over the last 1 month. Macroaxis philosophy in predicting risk of any stock is to look at both systematic and un-systematic factors of the business, including all available market data and technical indicators. DONGBEI exposes twenty-one different technical indicators which can help you to evaluate volatility that cannot be diversified away. Please be advised to confirm DONGBEI Mean Deviation of 0.8605 to check risk estimate we provide.
Investment Horizon     30 Days    Login   to change

DONGBEI Market Sensitivity

As market goes up, the company is expected to significantly outperform it. However, if the market returns are negative, DONGBEI will likely underperform.
One Month Beta |Analyze DONGBEI Demand Trend
Check current 30 days DONGBEI correlation with market (DOW)
β = 1.2994
DONGBEI Large BetaDONGBEI Beta Legend

Projected Return Density Against Market

Assuming 30 trading days horizon, the stock has beta coefficient of 1.2994 . This suggests as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are expected to be negative, DONGBEI will likely underperform. Additionally, DONGBEI has a negative alpha implying that the risk taken by holding this equity is not justified. The company is significantly underperforming DOW
 Predicted Return Density 
      Returns 
Assuming 30 trading days horizon, the coefficient of variation of DONGBEI is -534.35. The daily returns are destributed with a variance of 0.8 and standard deviation of 0.9. The mean deviation of DONGBEI is currently at 0.68. For similar time horizon, the selected benchmark (DOW) has volatility of 0.23
α
Alpha over DOW
=(0.38) 
βBeta against DOW= 1.3 
σ
Overall volatility
= 0.9 
 IrInformation ratio =(0.28) 

Actual Return Volatility

DONGBEI accepts 0.8955% volatility on return distribution over the 30 days horizon. DOW inherits 0.2342% risk (volatility on return distribution) over the 30 days horizon.
 Performance (%) 
      Timeline 

Market Risk Breakdown

DONGBEI Volatility Factors

30 Days Market Risk

Unusually risky

Chance of Distress in 24 months

High

30 Days Economic Sensitivity

Totally responsive to market

Total Liabilities

DONGBEI Total liabilities History

Total liabilities

Largest Trends

DONGBEI Largest Period Trend

Investment Outlook

DONGBEI Investment Opportunity
DONGBEI has a volatility of 0.9 and is 3.91 times more volatile than DOW. 8% of all equities and portfolios are less risky than DONGBEI. Compared to the overall equity markets, volatility of historical daily returns of DONGBEI is lower than 8 (%) of all global equities and portfolios over the last 30 days. Use DONGBEI to protect against small markets fluctuations. The stock experiences somewhat bearish sentiment, but market may correct it shortly. Check odds of DONGBEI to be traded at $1.6393 in 30 days. As market goes up, the company is expected to significantly outperform it. However, if the market returns are negative, DONGBEI will likely underperform.

DONGBEI correlation with market

Modest diversification
Overlapping area represents the amount of risk that can be diversified away by holding DONGBEI and equity matching DJI index in the same portfolio.

Volatility Indicators

DONGBEI Current Risk Indicators