|Horizon||30 Days Login to change|
D N Market Sensitivity
D N A Technical Analysis
D N Projected Return Density Against MarketAssuming 30 trading days horizon, D N A Biomedical Solutions Ltd has beta of -0.0195 suggesting as returns on benchmark increase, returns on holding D N are expected to decrease at a much smaller rate. During bear market, however, D N A Biomedical Solutions Ltd is likely to outperform the market. Moreover, D N A Biomedical Solutions Ltd has an alpha of 0.2015 implying that it can potentially generate 0.2015% excess return over DOW after adjusting for the inherited market risk (beta).
D N Return VolatilityD N A Biomedical Solutions Ltd assumes 2.4146% volatility of returns over the 30 days investment horizon. DOW inherits 1.3105% risk (volatility on return distribution) over the 30 days horizon.