|DHX Media Ltd -- USA Stock|| |
USD 3.1 0.05 1.59%
DHX Media has performance score of 2 on a scale of 0 to 100. The firm shows Beta (market volatility) of 0.3789 which denotes to the fact that as returns on market increase, DHX Media returns are expected to increase less than the market. However during bear market, the loss on holding DHX Media will be expected to be smaller as well.. Although it is extremely important to respect DHX Media Ltd
historical returns, it is better to be realistic regarding the information on equity current trending patterns. The approach 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 evaluating DHX Media Ltd technical indicators
you can now evaluate if the expected return of 0.0996% will be sustainable into the future. DHX Media Ltd
currently shows a risk of 2.2168%. Please confirm DHX Media Ltd Jensen Alpha
and Downside Variance
to decide if DHX Media Ltd will be following its price patterns
DHX Media Ltd Relative Risk vs. Return Landscape
If you would invest 310
in DHX Media Ltd on November 16, 2017
and sell it today you would earn a total of 5
from holding DHX Media Ltd or generate 1.61%
return on investment over 30
days. DHX Media Ltd is currenly generating 0.0996% of daily expected returns and assumes 2.2168% risk (volatility on return distribution) over the 30 days horizon. In different words, 20% 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 generate 2.39 times less return on investment than the market. In addition to that, the company is 4.71 times more volatile than its market benchmark. It trades about 0.04 of its total potential returns per unit of risk. The DOW is currently generating roughly 0.5 per unit of volatility.
DHX Media Daily Price Distribution
The median price of DHX Media for the period between Thu, Nov 16, 2017 and Sat, Dec 16, 2017 is 3.1 with a coefficient of variation of 2.17. The daily time series for the period is distributed with a sample standard deviation of 0.07, arithmetic mean of 3.09, and mean deviation of 0.06. The Stock did not receive any noticable media coverage during the period.