DONGBEI (China) Risk Analysis

DONGBEI -- China Stock  

USD 1.61  0.01  0.62%

Macroaxis considers DONGBEI to be unusually risky. DONGBEI secures Sharpe Ratio (or Efficiency) of -0.4004 which denotes DONGBEI had -0.4004% 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 0.8725 to check risk estimate we provide.
Investment Horizon     30 Days    Login   to change

DONGBEI Market Sensitivity

As returns on market increase, DONGBEI returns are expected to increase less than the market. However during bear market, the loss on holding DONGBEI will be expected to be smaller as well.
One Month Beta |Analyze DONGBEI Demand Trend
Check current 30 days DONGBEI correlation with market (DOW)
β = 0.4983
DONGBEI Small BetaDONGBEI Beta Legend

DONGBEI Technical Analysis

Transformation
The output start index for this execution was zero with a total number of output elements of seventeen. DONGBEI Average Price is the average of the sum of open, high, low and close daily prices of a bar. It can be used to smooth an indicator that normally takes just the closing price as input. View also all equity analysis or get more info about average price price transform indicator.

Projected Return Density Against Market

Assuming 30 trading days horizon, DONGBEI has beta of 0.4983 . This suggests as returns on market go up, DONGBEI average returns are expected to increase less than the benchmark. However during bear market, the loss on holding DONGBEI will be expected to be much smaller as well. 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 -249.76. The daily returns are destributed with a variance of 1.23 and standard deviation of 1.11. The mean deviation of DONGBEI is currently at 0.87. For similar time horizon, the selected benchmark (DOW) has volatility of 0.5
α
Alpha over DOW
=0.49
βBeta against DOW=0.5
σ
Overall volatility
=1.11
 IrInformation ratio =0.52

Actual Return Volatility

DONGBEI accepts 1.1095% volatility on return distribution over the 30 days horizon. DOW inherits 0.5153% 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

Slowly supersedes 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 1.11 and is 2.13 times more volatile than DOW. 10% 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 10 (%) of all global equities and portfolios over the last 30 days. Use DONGBEI to enhance returns of your portfolios. The stock experiences moderate upward volatility. Check odds of DONGBEI to be traded at $1.771 in 30 days. As returns on market increase, DONGBEI returns are expected to increase less than the market. However during bear market, the loss on holding DONGBEI will be expected to be smaller as well.

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.