|DHX Media Ltd -- USA Stock|| |
USD 3.10 0.10 3.12%
Macroaxis gives DHX Media performance score of 0 on a scale of 0 to 100. The firm shows Beta (market volatility) of 1.6969 which denotes to the fact that as market goes up, the company is expected to significantly outperform it. However, if the market returns are negative, DHX Media will likely underperform.. Even though it is essential to pay attention to DHX Media Ltd
historical returns, it is always good to be careful when utilizing equity current trending patterns. Macroaxis approach 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
. DHX Media Ltd exposes twenty-one different technical indicators which can help you to evaluate its performance. DHX Media Ltd
has expected return of -0.4677%. Please be advised to confirm DHX Media Ltd Jensen Alpha
and Downside Variance
to decide if DHX Media Ltd
past performance will be repeated at future time.
DHX Media Ltd Relative Risk vs. Return Landscape
If you would invest 348.88
in DHX Media Ltd on February 21, 2018
and sell it today you would lose (38.88)
from holding DHX Media Ltd or give up 11.14%
of portfolio value over 30
days. DHX Media Ltd is currenly does not generate positive expected returns and assumes 3.057% risk (volatility on return distribution) over the 30 days horizon. In different words, 28% of equities are less volatile than DHX Media Ltd and 99% of traded equity instruments are projected to make higher returns than the company over the 30 days investment horizon.
Daily Expected Return (%)
Given the investment horizon of 30 days, DHX Media Ltd is expected to under-perform the market. In addition to that, the company is 3.28 times more volatile than its market benchmark. It trades about -0.15 of its total potential returns per unit of risk. The DOW is currently generating roughly -0.02 per unit of volatility.
DHX Media Daily Price Distribution
The median price of DHX Media for the period between Wed, Feb 21, 2018 and Fri, Mar 23, 2018 is 3.1 with a coefficient of variation of 3.65. The daily time series for the period is distributed with a sample standard deviation of 0.11, arithmetic mean of 3.13, and mean deviation of 0.08. The Stock received some media coverage during the period.