NEWFOUNDLAND DISCOVCORP Financials
M4K Stock | 0.04 0.0005 1.37% |
NEWFOUNDLAND |
Instrument | Germany Stock View All |
Exchange | Frankfurt Exchange |
ISIN | CA6513461088 |
Benchmark | Dow Jones Industrial |
NEWFOUNDLAND DISCOVCORP Systematic Risk
NEWFOUNDLAND DISCOVCORP's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. NEWFOUNDLAND DISCOVCORP volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Beta measures systematic risk based on how returns on NEWFOUNDLAND DISCOVCORP correlated with the market. If Beta is less than 0 NEWFOUNDLAND DISCOVCORP generally moves in the opposite direction as compared to the market. If NEWFOUNDLAND DISCOVCORP Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one NEWFOUNDLAND DISCOVCORP is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of NEWFOUNDLAND DISCOVCORP is generally in the same direction as the market. If Beta > 1 NEWFOUNDLAND DISCOVCORP moves generally in the same direction as, but more than the movement of the benchmark.
NEWFOUNDLAND DISCOVCORP December 25, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of NEWFOUNDLAND DISCOVCORP help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of NEWFOUNDLAND DISCOVCORP. We use our internally-developed statistical techniques to arrive at the intrinsic value of NEWFOUNDLAND DISCOVCORP based on widely used predictive technical indicators. In general, we focus on analyzing NEWFOUNDLAND Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build NEWFOUNDLAND DISCOVCORP's daily price indicators and compare them against related drivers.
Downside Deviation | 36.2 | |||
Information Ratio | 0.2001 | |||
Maximum Drawdown | 303.33 | |||
Value At Risk | (64.71) | |||
Potential Upside | 183.33 |
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When running NEWFOUNDLAND DISCOVCORP's price analysis, check to measure NEWFOUNDLAND DISCOVCORP's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy NEWFOUNDLAND DISCOVCORP is operating at the current time. Most of NEWFOUNDLAND DISCOVCORP's value examination focuses on studying past and present price action to predict the probability of NEWFOUNDLAND DISCOVCORP's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move NEWFOUNDLAND DISCOVCORP's price. Additionally, you may evaluate how the addition of NEWFOUNDLAND DISCOVCORP to your portfolios can decrease your overall portfolio volatility.
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