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 TrendCheck current 30 days DONGBEI correlation with market (DOW)|
β = 0.4983
DONGBEI Technical Analysis
Projected Return Density Against MarketAssuming 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
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