The organization shows Beta (market volatility) of 0.0 which denotes to the fact that the returns on MARKET and DOW are completely uncorrelated. Although it is extremely important to respect DOW historical returns, it is better to be realistic regarding the information on equity current trending patterns. The approach towards predicting future performance of any index is to evaluate the business as a whole together with its past performance including all available fundamental and technical indicators. By evaluating DOW technical indicators you can now evaluate if the expected return of 0.0691% will be sustainable into the future.
|Horizon||30 Days Login to change|
DOW Relative Risk vs. Return LandscapeIf you would invest 2,611,253 in DOW on August 16, 2019 and sell it today you would earn a total of 110,699 from holding DOW or generate 4.24% return on investment over 30 days. DOW is currently generating 0.0691% of daily expected returns and assumes 0.9202% risk (volatility on return distribution) over the 30 days horizon. In different words, 8% of equities are less volatile than DOW and 99% of traded equity instruments are projected to make higher returns than the company over the 30 days investment horizon.
Daily Expected Return (%)
DOW Market Risk Analysis
Sharpe Ratio = 0.0751
DOW Relative Performance Indicators
Estimated Market Risk