|Horizon||30 Days Login to change|
eHi Car Market Sensitivity
|As market goes up, the company is expected to significantly outperform it. However, if the market returns are negative, eHi Car will likely underperform.One Month Beta |Analyze eHi Car Services Demand TrendCheck current 30 days eHi Car correlation with market (DOW)|
β = 1.3711
eHi Car Services Technical Analysis
eHi Car Projected Return Density Against MarketGiven the investment horizon of 30 days, the stock has beta coefficient of 1.3711 suggesting as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are expected to be negative, eHi Car will likely underperform. Additionally, eHi Car Services Limited has a negative alpha implying that the risk taken by holding this equity is not justified. The company is significantly underperforming DOW
Predicted Return Density
eHi Car Return VolatilityeHi Car Services Limited inherits 3.1674% risk (volatility on return distribution) over the 30 days horizon. DOW inherits 0.4208% risk (volatility on return distribution) over the 30 days horizon.