Our philosophy in predicting volatility of a stock is to use all available market data together with company specific technical indicators that cannot be diversified away. We have found twenty-one technical indicators for DreamWorks Animation SKG which you can use to evaluate future volatility of the firm. Please confirm DreamWorks Animation Semi Deviation of 0.0175, Mean Deviation of 0.0209 and Downside Deviation of 0.0665 to check if risk estimate we provide are consistent with the epected return of 0.0%.
|Time Horizon||30 Days Login to change|
DreamWorks Animation Market Sensitivity
|As returns on market increase, returns on owning DreamWorks Animation are expected to decrease at a much smaller rate. During bear market, DreamWorks Animation is likely to outperform the market.2 Months Beta |Analyze DreamWorks Animation Demand TrendCheck current 30 days DreamWorks Animation correlation with market (DOW)|
β = -0.0021
DreamWorks Animation Technical Analysis
Projected Return Density Against MarketConsidering 30-days investment horizon, DreamWorks Animation SKG has beta of -0.0021 suggesting as returns on benchmark increase, returns on holding DreamWorks Animation are expected to decrease at a much smaller rate. During bear market, however, DreamWorks Animation SKG is likely to outperform the market. Additionally, DreamWorks Animation SKG 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