|Horizon||30 Days Login to change|
Opko Health Market Sensitivity
Opko Health Technical Analysis
Opko Health Projected Return Density Against MarketAssuming 30 trading days horizon, Opko Health has beta of -0.8158 . This implies as returns on benchmark increase, returns on holding Opko Health are expected to decrease at a much smaller rate. During bear market, however, Opko Health is likely to outperform the market. Additionally, Opko Health has a negative alpha implying that the risk taken by holding this equity is not justified. The company is significantly underperforming DOW
Opko Health Return VolatilityOpko Health assumes 5.3936% volatility of returns over the 30 days investment horizon. DOW inherits 1.2898% risk (volatility on return distribution) over the 30 days horizon.