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 TrendCheck current 30 days DONGBEI correlation with market (DOW)|
β = 1.2994
Projected Return Density Against MarketAssuming 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
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