Macroaxis considers DAITO TRUST to be not too volatile. DAITO TRUST CONSTRUC
secures Sharpe Ratio (or Efficiency) of -0.0438 which denotes the company had -0.0438% of return per unit of return volatility over the last 3 months. Macroaxis philosophy 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
. DAITO TRUST CONSTRUCTION CO exposes twenty-one different technical indicators
which can help you to evaluate volatility that cannot be diversified away. Please be advised to confirm DAITO TRUST CONSTRUC Mean Deviation
of 0.963 to check risk estimate we provide. The corporation shows Beta (market volatility) of 0.3326 which denotes to the fact that as returns on market increase, DAITO TRUST returns are expected to increase less than the market. However during bear market, the loss on holding DAITO TRUST will be expected to be smaller as well. Even though it is essential to pay attention to DAITO TRUST CONSTRUC
historical returns, it is always good to be careful when utilizing equity current trending patterns. Macroaxis philosophy 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
. DAITO TRUST CONSTRUCTION CO exposes twenty-one different technical indicators which can help you to evaluate its performance. DAITO TRUST CONSTRUC
has expected return of -0.0588%. Please be advised to confirm DAITO TRUST CONSTRUC Semi Deviation
, Jensen Alpha
as well as the relationship
between Jensen Alpha and Semi Variance
to decide if DAITO TRUST CONSTRUC
past performance will be repeated at some future date.
Modest reverse predictability
DAITO TRUST CONSTRUCTION CO has modest reverse predictability. Overlapping area represents the amount of predictability between DAITO TRUST time series from July 19, 2019 to September 2, 2019 and September 2, 2019 to October 17, 2019. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of DAITO TRUST CONSTRUC price movement. The serial correlation of -0.46 indicates that about 46.0% of current DAITO TRUST price fluctuation can be explain by its past prices. Given that DAITO TRUST CONSTRUCTION CO has negative autocorrelation for selected time horizon, investors may consider taking a contrarian position regarding future price movement of DAITO TRUST for similar time interval.