Dover Downs Performance

Dover Downs Gaming Entertainment Inc -- USA Stock  

USD 1.02  0.0221  2.12%

Macroaxis gives Dover Downs performance score of 0 on a scale of 0 to 100. The firm shows Beta (market volatility) of 0.3353 which denotes to the fact that as returns on market increase, Dover Downs returns are expected to increase less than the market. However during bear market, the loss on holding Dover Downs will be expected to be smaller as well.. Even though it is essential to pay attention to Dover Downs Gaming historical returns, it is always good to be careful when utilizing equity current trending patternss. Macroaxis philosophy towards predicting future performance of any stock is to check both, its past performance charts as well as the business as a whole, including all available technical indicators. Dover Downs Gaming Entertainment Inc exposes twenty-one different technical indicators which can help you to evaluate its performance. Dover Downs Gaming has expected return of -0.0014%. Please be advised to confirm Dover Downs Gaming Treynor Ratio, Downside Variance, Kurtosis, as well as the relationship between Value At Risk and Expected Short fall to decide if Dover Downs Gaming past performance will be repeated at some point in the near future.
Investment Horizon     30 Days    Login   to change

Relative Risk vs. Return Landscape

If you would invest  105  in Dover Downs Gaming Entertainment Inc on September 22, 2017 and sell it today you would lose (0.79)  from holding Dover Downs Gaming Entertainment Inc or give up 0.75% of portfolio value over 30 days. Dover Downs Gaming Entertainment Inc is generating negative expected returns assuming volatility of 2.6916% on return distribution over 30 days investment horizon. In other words, 25% of equities are less volatile than the company and above 99% 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 under-perform the market. In addition to that, the company is 9.99 times more volatile than its market benchmark. It trades about 0.0 of its total potential returns per unit of risk. The DOW is currently generating roughly 0.73 per unit of volatility.

Dover Downs Daily Price Distribution

The median price of Dover Downs for the period between Fri, Sep 22, 2017 and Sun, Oct 22, 2017 is 1.0301 with a coefficient of variation of 2.08. The daily time series for the period is distributed with a sample standard deviation of 0.02, arithmetic mean of 1.03, and mean deviation of 0.02. The Stock received some media coverage during the period.
0 

Risk-Adjusted Performance

Over the last 30 days Dover Downs Gaming Entertainment Inc has generated negative risk-adjusted returns adding no value to investors with long positions.

One Month Efficiency

Dover Downs Sharpe Ratio = -5.0E-4
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Estimated Market Risk

 2.69
  actual daily
 
 75 %
of total potential
  

Expected Return

 0.0
  actual daily
 
 1 %
of total potential
  

Risk-Adjusted Return

 0.0
  actual daily
 
 1 %
of total potential
  
Based on monthly moving average Dover Downs is performing at about 0% 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.