Macroaxis considers DAITO TRUST to be not too volatile. DAITO TRUST CONSTRUC secures Sharpe Ratio (or Efficiency) of -0.0159 which denotes the company had -0.0159% 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 0.951 to check risk estimate we provide.
90 Days Market Risk
Not too volatile
Chance of Distress in 24 months
90 Days Economic Sensitivity
Slowly supersedes market
|Horizon||30 Days Login to change|
DAITO TRUST Market Sensitivity
|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. 3 Months Beta |Analyze DAITO TRUST CONSTRUC Demand TrendCheck current 30 days DAITO TRUST correlation with market (DOW)|
β = 0.3436
DAITO TRUST Central Daily Price Deviation
DAITO TRUST CONSTRUC Technical Analysis
DAITO TRUST Projected Return Density Against MarketAssuming 30 trading days horizon, DAITO TRUST has beta of 0.3436 suggesting as returns on market go up, DAITO TRUST average returns are expected to increase less than the benchmark. However during bear market, the loss on holding DAITO TRUST CONSTRUCTION CO will be expected to be much smaller as well. Additionally, The company has a negative alpha implying that the risk taken by holding this equity is not justified. DAITO TRUST CONSTRUC is significantly underperforming DOW.
Predicted Return Density
Assuming 30 trading days horizon, the coefficient of variation of DAITO TRUST is -6282.2. The daily returns are destributed with a variance of 1.83 and standard deviation of 1.35. The mean deviation of DAITO TRUST CONSTRUCTION CO is currently at 0.98. For similar time horizon, the selected benchmark (DOW) has volatility of 0.98
|Alpha over DOW||=||0.03|
|Beta against DOW||=||0.34|
DAITO TRUST Return Volatilitythe company shows 1.3511% volatility of returns over 30 trading days. the entity inherits 0.9949% risk (volatility on return distribution) over the 30 days horizon.
DAITO TRUST Investment Opportunity
DAITO TRUST CONSTRUCTION CO has a volatility of 1.35 and is 1.36 times more volatile than DOW. 12 of all equities and portfolios are less risky than DAITO TRUST. Compared to the overall equity markets, volatility of historical daily returns of DAITO TRUST CONSTRUCTION CO is lower than 12 () of all global equities and portfolios over the last 30 days. Use DAITO TRUST CONSTRUCTION CO to protect your portfolios against small markets fluctuations. The otc stock experiences bearish sentiment with high volatility. Check odds of DAITO TRUST to be traded at $31.12 in 30 days. . 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.
DAITO TRUST correlation with market
DAITO TRUST Current Risk Indicators
|Risk Adjusted Performance||(0.018644)|
|Market Risk Adjusted Performance||(0.10)|
|Coefficient Of Variation||(4,600)|
DAITO TRUST Suggested Diversification Pairs