|Horizon||30 Days Login to change|
Dolomite Holdings Market Sensitivity
|As returns on market increase, Dolomite Holdings returns are expected to increase less than the market. However during bear market, the loss on holding Dolomite Holdings will be expected to be smaller as well.One Month Beta |Analyze Dolomite Holdings Demand TrendCheck current 30 days Dolomite Holdings correlation with market (DOW)|
β = 0.2408
Dolomite Holdings Technical Analysis
Dolomite Holdings Projected Return Density Against MarketAssuming 30 trading days horizon, Dolomite Holdings has beta of 0.2408 suggesting as returns on market go up, Dolomite Holdings average returns are expected to increase less than the benchmark. However during bear market, the loss on holding Dolomite Holdings Ltd will be expected to be much smaller as well. Moreover, Dolomite Holdings Ltd has an alpha of 0.6814 implying that it can potentially generate 0.6814% excess return over DOW after adjusting for the inherited market risk (beta).
Predicted Return Density
Dolomite Holdings Return VolatilityDolomite Holdings Ltd accepts 2.7112% volatility on return distribution over the 30 days horizon. DOW inherits 1.088% risk (volatility on return distribution) over the 30 days horizon.