Dover Downs Performance

Dover Downs Gaming Entertainment Inc -- USA Stock  

USD 1.02  0.04  4.08%

On a scale of 0 to 100 Dover Downs holds performance score of 12. The firm shows Beta (market volatility) of -0.4962 which denotes to the fact that as returns on market increase, returns on owning Dover Downs are expected to decrease at a much smaller rate. During bear market, Dover Downs is likely to outperform the market.. Although it is vital to follow to Dover Downs Gaming historical returns, it is good to be conservative about what you can actually do with the information regarding equity current trending patterns. The philosophy towards predicting future performance of any stock is to evaluate the business as a whole together with its past performance including all available fundamental and technical indicators. We have found twenty-eight technical indicators for Dover Downs Gaming Entertainment Inc which you can use to evaluate performance of the firm. Please utilizes Dover Downs Gaming Downside Variance, Kurtosis and the relationship between Value At Risk and Expected Short fall to make a quick decision on weather Dover Downs price patterns will revert.
Investment Horizon     30 Days    Login   to change

Dover Downs Gaming Relative Risk vs. Return Landscape

If you would invest  93.1  in Dover Downs Gaming Entertainment Inc on November 14, 2017 and sell it today you would earn a total of  10.9  from holding Dover Downs Gaming Entertainment Inc or generate 11.71% return on investment over 30 days. Dover Downs Gaming Entertainment Inc is generating 0.5418% of daily returns assuming volatility of 2.8005% on return distribution over 30 days investment horizon. In other words, 26% of equities are less volatile than the company and above 90% of equities are expected to generate higher returns over the next 30 days.
 Daily Expected Return (%) 
      Risk (%) 
Considering 30-days investment horizon, Dover Downs Gaming Entertainment Inc is expected to generate 5.58 times more return on investment than the market. However, the company is 5.58 times more volatile than its market benchmark. It trades about 0.19 of its potential returns per unit of risk. The DOW is currently generating roughly 0.42 per unit of risk.

Dover Downs Daily Price Distribution

The median price of Dover Downs for the period between Tue, Nov 14, 2017 and Thu, Dec 14, 2017 is 1.01 with a coefficient of variation of 2.86. The daily time series for the period is distributed with a sample standard deviation of 0.03, arithmetic mean of 1.0, and mean deviation of 0.02. The Stock did not receive any noticable media coverage during the period.
12 

Risk-Adjusted Performance

Compared to the overall equity markets, risk-adjusted returns on investments in Dover Downs Gaming Entertainment Inc are ranked lower than 12 (%) of all global equities and portfolios over the last 30 days.

One Month Efficiency

Dover Downs Sharpe Ratio = 0.1935
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Estimated Market Risk

 2.8
  actual daily
 
 74 %
of total potential
  

Expected Return

 0.54
  actual daily
 
 10 %
of total potential
  

Risk-Adjusted Return

 0.19
  actual daily
 
 12 %
of total potential
  
Based on monthly moving average Dover Downs is performing at about 12% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Dover Downs by adding it to a well-diversified portfolio.