Dover Downs Performance

Dover Downs Gaming Entertainment Inc -- USA Stock  

USD 1.05  0.0079  0.76%

Dover Downs has performance score of 3 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.. Although it is extremely important to respect Dover Downs Gaming historical returns, it is better to be realistic regarding the information on equity current trending patternss. 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. By reviewing Dover Downs Gaming technical indicators you can presently evaluate if the expected return of 0.1255% will be sustainable into the future. Dover Downs Gaming right now shows a risk of 2.66%. Please confirm Dover Downs Gaming Downside Variance, Kurtosis and the relationship between Value At Risk and Expected Short fall to decide if Dover Downs Gaming will be following its price patterns.
Investment Horizon     30 Days    Login   to change

Relative Risk vs. Return Landscape

If you would invest  103  in Dover Downs Gaming Entertainment Inc on September 24, 2017 and sell it today you would earn a total of  2  from holding Dover Downs Gaming Entertainment Inc or generate 1.94% return on investment over 30 days. Dover Downs Gaming Entertainment Inc is generating 0.1255% of daily returns assuming volatility of 2.66% on return distribution over 30 days investment horizon. In other words, 24% of equities are less volatile than the company and above 98% 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 1.72 times less return on investment than the market. In addition to that, the company is 10.33 times more volatile than its market benchmark. It trades about 0.05 of its total potential returns per unit of risk. The DOW is currently generating roughly 0.84 per unit of volatility.

Dover Downs Daily Price Distribution

The median price of Dover Downs for the period between Sun, Sep 24, 2017 and Tue, Oct 24, 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.
3 

Risk-Adjusted Performance

Compared to the overall equity markets, risk-adjusted returns on investments in Dover Downs Gaming Entertainment Inc are ranked lower than 3 (%) of all global equities and portfolios over the last 30 days.

One Month Efficiency

Dover Downs Sharpe Ratio = 0.0472
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Estimated Market Risk

 2.66
  actual daily
 
 76 %
of total potential
  

Expected Return

 0.13
  actual daily
 
 2 %
of total potential
  

Risk-Adjusted Return

 0.05
  actual daily
 
 3 %
of total potential
  
Based on monthly moving average Dover Downs is performing at about 3% 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.