|Horizon||30 Days Login to change|
OnMobile Global Market Sensitivity
OnMobile Global Technical Analysis
OnMobile Global Projected Return Density Against MarketAssuming 30 trading days horizon, OnMobile Global Limited has beta of -0.3226 . This implies as returns on benchmark increase, returns on holding OnMobile Global are expected to decrease at a much smaller rate. During bear market, however, OnMobile Global Limited is likely to outperform the market. Moreover, OnMobile Global Limited has an alpha of 0.388 implying that it can potentially generate 0.388% excess return over DOW after adjusting for the inherited market risk (beta).
OnMobile Global Return VolatilityOnMobile Global Limited accepts 1.7213% volatility on return distribution over the 30 days horizon. DOW inherits 1.3198% risk (volatility on return distribution) over the 30 days horizon.