|Horizon||30 Days Login to change|
OnMobile Global Market Sensitivity
|As market goes up, the company is expected to significantly outperform it. However, if the market returns are negative, OnMobile Global will likely underperform.One Month Beta |Analyze OnMobile Global Limited Demand TrendCheck current 30 days OnMobile Global correlation with market (DOW)|
β = 1.4804
OnMobile Global Limited Technical Analysis
OnMobile Global Projected Return Density Against MarketAssuming 30 trading days horizon, the stock has beta coefficient of 1.4804 . This implies as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are expected to be negative, OnMobile Global will likely underperform. Additionally, OnMobile Global 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
OnMobile Global Return VolatilityOnMobile Global Limited accepts 2.0429% volatility on return distribution over the 30 days horizon. DOW inherits 0.4208% risk (volatility on return distribution) over the 30 days horizon.