DONGBEI (China) Risk Analysis

DONGBEI -- China Stock  

USD 1.31  0.02  1.55%

Macroaxis considers DONGBEI to be unknown risk. DONGBEI secures Sharpe Ratio (or Efficiency) of -0.5608 which denotes DONGBEI had -0.5608% 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 1.43 to check risk estimate we provide.
 Time Horizon     30 Days    Login   to change

DONGBEI Market Sensitivity

As returns on market increase, returns on owning DONGBEI are expected to decrease at a much smaller rate. During bear market, DONGBEI is likely to outperform the market.
One Month Beta |Analyze DONGBEI Demand Trend
Check current 30 days DONGBEI correlation with market (DOW)
β = -0.5363
DONGBEI Almost negative betaDONGBEI Beta Legend

DONGBEI Technical Analysis

Transformation
We are not able to run technical analysis function on this symbol. We either do not have that equity or its historical data is not available at this time. Please try again later.

Projected Return Density Against Market

Assuming 30 trading days horizon, DONGBEI has beta of -0.5363 . This suggests as returns on benchmark increase, returns on holding DONGBEI are expected to decrease at a much smaller rate. During bear market, however, DONGBEI is likely to outperform the market. 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 -178.31. The daily returns are destributed with a variance of 4.2 and standard deviation of 2.05. The mean deviation of DONGBEI is currently at 1.61. For similar time horizon, the selected benchmark (DOW) has volatility of 1.71
α
Alpha over DOW
=0.94
β
Beta against DOW=0.54
σ
Overall volatility
=2.05
Ir
Information ratio =0.38

Actual Return Volatility

DONGBEI accepts 2.0492% volatility on return distribution over the 30 days horizon. DOW inherits 1.7402% risk (volatility on return distribution) over the 30 days horizon.
 Performance (%) 
      Timeline 

Market Risk Breakdown

DONGBEI Volatility Factors

30 Days Market Risk

Unknown risk

Chance of Distress in 24 months

Unknown Distress

30 Days Economic Sensitivity

Unaffected

Total Liabilities

DONGBEI Total liabilities History

Total liabilities

Largest Trends

DONGBEI Largest Period Trend

Investment Outlook

DONGBEI Investment Opportunity
DONGBEI has a volatility of 2.05 and is 1.18 times more volatile than DOW. 18% 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 18 (%) of all global equities and portfolios over the last 30 days. Use DONGBEI to enhance returns of your portfolios. The stock experiences large bullish trend. Check odds of DONGBEI to be traded at $1.441 in 30 days. As returns on market increase, returns on owning DONGBEI are expected to decrease at a much smaller rate. During bear market, DONGBEI is likely to outperform the market.

DONGBEI correlation with market

Very good 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.