Projected Return Density against MarketTaking into account 30 trading days horizon, Dominion has beta of 0.41 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. Additionally, Dominion Resources Inc has negative alpha implying that risk taken by holding this equity is not justified. The company is significantly underperforming S&P 500 Taking into account 30 trading days horizon, the coefficient of variation of Dominion is -546.87. The daily returns are destributed with a variance of 0.62 and standard deviation of 0.79. The mean deviation of Dominion Resources Inc is currently at 0.63. For similar time horizon, the selected benchmark (S&P 500) has volatility of 0.52
Actual Return VolatilityDominion Resources Inc accepts 0.79% volatility on return distribution over the 30 days horizon. S&P 500 shows 0.52% volatility of returns over 30 trading days.
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Dominion Resources Inc has a volatility of 0.79 and is 1.52 times more volatile than S&P 500. 8% of all equities and portfolios are less risky than Dominion. Compared with the overall equity markets, volatility of historical daily returns of Dominion Resources Inc is lower than 8 (%) of all global equities and portfolios over the last 30 days. Use Dominion Resources Inc to enhance returns of your portfolios. The stock experiences large bullish trend. Check odds of Dominion to be traded at $70.86 in 30 days. As returns on market increase, Dominion returns are expected to increase less than the market. However during bear market, the loss on holding Dominion will be expected to be smaller as well.
Dominion correlation with market
Dominion Current Risk Indicators
Suggested Divercification Pairs