Projected Return Density against Market
Taking into account 30 trading days horizon, Dominion has beta of 0.75 suggesting as returns on market go up, Dominion avarage returns are expected to increase less than the benchmark. However during bear market, the loss on holding Dominion Resources Inc will be expected to be much smaller as well. Moreover, Dominion Resources Inc has alpha of 0.75 implying that it can potentially generate 0.75% excess return over S&P 500 after adjusting for the inherited market risk (beta).
Predicted Return Density
Taking into account 30 trading days horizon, the coefficient of variation of Dominion is -4143.77. The daily returns are destributed with a variance of 0.53 and standard deviation of 0.73. The mean deviation of Dominion Resources Inc is currently at 0.56. For similar time horizon, the selected benchmark (S&P 500) has volatility of 0.54
Actual Return Volatility
Dominion Resources Inc accepts 0.73% volatility on return distribution over the 30 days horizon. S&P 500 shows 0.54% volatility of returns over 30 trading days.