Dime Community Risk Analysis And Volatility

DCOM -- USA Stock  

USD 21.78  0.03  0.14%

Macroaxis considers Dime Community not too volatile given 3 months investment horizon. Dime Community Bancs secures Sharpe Ratio (or Efficiency) of 0.1621 which denotes the organization had 0.1621% of return per unit of risk over the last 3 months. Our philosophy towards predicting volatility of a stock is to use all available market data together with stock specific technical indicators that cannot be diversified away. We have found twenty-one technical indicators for Dime Community Bancshares which you can use to evaluate future volatility of the firm. Please utilize Dime Community Bancs Downside Deviation of 1.25, Coefficient Of Variation of 574.75 and Mean Deviation of 1.08 to check if our risk estimates are consistent with your expectations.

90 Days Market Risk

Not too volatile

Chance of Distress in 24 months

Below average

90 Days Economic Sensitivity

Follows market closely
Horizon     30 Days    Login   to change

Dime Community Market Sensitivity

As returns on market increase, Dime Community returns are expected to increase less than the market. However during bear market, the loss on holding Dime Community will be expected to be smaller as well.
3 Months Beta |Analyze Dime Community Bancs Demand Trend
Check current 30 days Dime Community correlation with market (DOW)
β = 0.5303

Dime Community Central Daily Price Deviation

Dime Community Bancs Technical Analysis

Transformation
The output start index for this execution was zero with a total number of output elements of sixty-one. Dime Community Typical Price indicator is an average of each day price and can be used instead of closing price when creating different Dime Community Bancs moving average lines. View also all equity analysis or get more info about typical price price transform indicator.

Dime Community Projected Return Density Against Market

Given the investment horizon of 30 days, Dime Community has beta of 0.5303 suggesting as returns on market go up, Dime Community average returns are expected to increase less than the benchmark. However during bear market, the loss on holding Dime Community Bancshares will be expected to be much smaller as well. Moreover, The company has an alpha of 0.2559 implying that it can potentially generate 0.2559% excess return over DOW after adjusting for the inherited market risk (beta).
 Predicted Return Density 
      Returns 
Given the investment horizon of 30 days, the coefficient of variation of Dime Community is 616.77. The daily returns are destributed with a variance of 2.72 and standard deviation of 1.65. The mean deviation of Dime Community Bancshares is currently at 1.09. For similar time horizon, the selected benchmark (DOW) has volatility of 0.88
α
Alpha over DOW
=0.26
β
Beta against DOW=0.53
σ
Overall volatility
=1.65
Ir
Information ratio =0.15

Dime Community Return Volatility

the business inherits 1.649% risk (volatility on return distribution) over the 30 days horizon. the entity inherits 0.9085% risk (volatility on return distribution) over the 30 days horizon.
 Performance (%) 
      Timeline 

Dime Community Investment Opportunity

Dime Community Bancshares has a volatility of 1.65 and is 1.81 times more volatile than DOW. 14% of all equities and portfolios are less risky than Dime Community. Compared to the overall equity markets, volatility of historical daily returns of Dime Community Bancshares is lower than 14 (%) of all global equities and portfolios over the last 30 days. Use Dime Community Bancshares to enhance returns of your portfolios. The stock experiences normal upward fluctuation. Check odds of Dime Community to be traded at $22.87 in 30 days. . As returns on market increase, Dime Community returns are expected to increase less than the market. However during bear market, the loss on holding Dime Community will be expected to be smaller as well.

Dime Community correlation with market

correlation synergy
Modest diversification
Overlapping area represents the amount of risk that can be diversified away by holding Dime Community Bancshares Inc and equity matching DJI index in the same portfolio.

Dime Community Current Risk Indicators

Dime Community Suggested Diversification Pairs

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