DHX Media Risk Analysis And Volatility Evaluation

DHXM -- USA Stock  

USD 1.90  0.05  2.56%

Macroaxis considers DHX Media to be extremely volatile. DHX Media Ltd secures Sharpe Ratio (or Efficiency) of -0.2535 which denotes DHX Media Ltd had -0.2535% of return per unit of volatility over the last 1 month. Macroaxis approach towards predicting risk of any stock is to look at both systematic and un-systematic factors of the business, including all available market data and technical indicators. DHX Media Ltd exposes twenty-one different technical indicators which can help you to evaluate volatility that cannot be diversified away. Please be advised to confirm DHX Media Ltd Mean Deviation of 2.91 to check risk estimate we provide.
 Time Horizon     30 Days    Login   to change

DHX Media Ltd Technical Analysis

Transformation
null. The output start index for this execution was zero with a total number of output elements of zero. DHX Media Ltd Average Price is the average of the sum of open, high, low and close daily prices of a bar. It can be used to smooth an indicator that normally takes just the closing price as input. View also all equity analysis or get more info about average price price transform indicator.

Projected Return Density Against Market

Given the investment horizon of 30 days, DHX Media has beta of 0.0 suggesting unless we do not have required data, the returns on DOW and DHX Media are completely uncorrelated. Furthermore, DHX Media LtdIt does not look like DHX Media alpha can have any bearing on the equity current valuation.
Given the investment horizon of 30 days, the coefficient of variation of DHX Media is -394.48. The daily returns are destributed with a variance of 11.83 and standard deviation of 3.44. The mean deviation of DHX Media Ltd is currently at 2.7. For similar time horizon, the selected benchmark (DOW) has volatility of 0.0
α
Alpha over DOW
=0.00
β
Beta against DOW=0.00
σ
Overall volatility
=3.44
Ir
Information ratio =0.00

Actual Return Volatility

DHX Media Ltd inherits 3.4397% risk (volatility on return distribution) over the 30 days horizon. DOW inherits 0.0% risk (volatility on return distribution) over the 30 days horizon.
 Performance (%) 
      Timeline 

Market Risk Breakdown

DHX Media Volatility Factors

30 Days Market Risk

Extremely volatile

Chance of Distress in 24 months

About average

30 Days Economic Sensitivity

Market Insensitive

Investment Outlook

DHX Media Investment Opportunity
DHX Media Ltd has a volatility of 3.44 and is 5.29 times more volatile than DOW. 31% of all equities and portfolios are less risky than DHX Media. Compared to the overall equity markets, volatility of historical daily returns of DHX Media Ltd is lower than 31 (%) of all global equities and portfolios over the last 30 days.
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