|Horizon||30 Days Login to change|
D N Market Sensitivity
|As returns on market increase, D N returns are expected to increase less than the market. However during bear market, the loss on holding D N will be expected to be smaller as well.One Month Beta |Analyze D N A Demand TrendCheck current 30 days D N correlation with market (DOW)|
β = 0.3945
D N A Technical Analysis
D N Projected Return Density Against MarketAssuming 30 trading days horizon, D N has beta of 0.3945 suggesting as returns on market go up, D N average returns are expected to increase less than the benchmark. However during bear market, the loss on holding D N A Biomedical Solutions Ltd will be expected to be much smaller as well. Moreover, D N A Biomedical Solutions Ltd has an alpha of 0.6746 implying that it can potentially generate 0.6746% excess return over DOW after adjusting for the inherited market risk (beta).
Predicted Return Density
D N Return VolatilityD N A Biomedical Solutions Ltd assumes 1.5213% volatility of returns over the 30 days investment horizon. DOW inherits 1.0603% risk (volatility on return distribution) over the 30 days horizon.