|Horizon||30 Days Login to change|
Dover Downs Market Sensitivity
|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.One Month Beta |Analyze Dover Downs Gaming Demand TrendCheck current 30 days Dover Downs correlation with market (DOW)|
β = 0.1914
Dover Downs Gaming Technical Analysis
Dover Downs Projected Return Density Against MarketConsidering 30-days investment horizon, Dover Downs has beta of 0.1914 suggesting as returns on market go up, Dover Downs average returns are expected to increase less than the benchmark. However during bear market, the loss on holding Dover Downs Gaming Entertainment will be expected to be much smaller as well. Additionally, Dover Downs Gaming Entertainment has a negative alpha implying that the risk taken by holding this equity is not justified. The company is significantly underperforming DOW
Predicted Return Density
Dover Downs Return VolatilityDover Downs Gaming Entertainment has volatility of 2.7228% on return distribution over 30 days investment horizon. DOW inherits 0.4541% risk (volatility on return distribution) over the 30 days horizon.