DAVIDsTEA Volatility

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DTEA -- USA Stock  

 Earnings Call  In Three Weeks

Macroaxis considers DAVIDsTEA to be out of control. DAVIDsTEA secures Sharpe Ratio (or Efficiency) of -5.0E-4, which denotes the company had -5.0E-4% of return per unit of volatility over the last 3 months. Macroaxis way of predicting the risk of any stock is to look at both systematic and unsystematic factors of the business, including all available market data and technical indicators. DAVIDsTEA exposes twenty-eight different technical indicators, which can help you to evaluate volatility that cannot be diversified away. Please be advised to confirm DAVIDsTEA Market Risk Adjusted Performance of (0.08) and Mean Deviation of 6.15 to check the risk estimate we provide.

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DAVIDsTEA Stock volatility depicts how high the prices fluctuate around the mean (or its average) price. In other words, it is a statistical measure of the distribution of DAVIDsTEA daily returns, and it is calculated using variance and standard deviation. We also use DAVIDsTEA's beta, its sensitivity to the market, as well as its odds of financial distress to provide a more practical estimation of DAVIDsTEA volatility.

  Interest Expense

90 Days Market Risk

Out of control

Chance of Distress

Below Average

90 Days Economic Sensitivity

Almost mirrors market

DAVIDsTEA Market Sensitivity

DAVIDsTEA returns are very sensitive to returns on the market. As market goes up or down, DAVIDsTEA is expected to follow.
3 Months Beta |Analyze DAVIDsTEA Demand Trend
Check current 30 days DAVIDsTEA correlation with market (DOW)
β = 0.9087

DAVIDsTEA Central Daily Price Deviation

DAVIDsTEA Technical Analysis

Transformation
The output start index for this execution was zero with a total number of output elements of sixty-one. The Median Price line plots median indexes of DAVIDsTEA price series. View also all equity analysis or get more info about median price price transform indicator.

DAVIDsTEA Projected Return Density Against Market

Given the investment horizon of 30 days, DAVIDsTEA has beta of 0.9087 suggesting DAVIDsTEA market returns are sensitive to returns on the market. As the market goes up or down, DAVIDsTEA is expected to follow. Additionally, The company has a negative alpha implying that the risk taken by holding this equity is not justified. DAVIDsTEA is significantly underperforming DOW.
 Predicted Return Density 
      Returns 
Given the investment horizon of 30 days, the coefficient of variation of DAVIDsTEA is -216934.74. The daily returns are destributed with a variance of 83.14 and standard deviation of 9.12. The mean deviation of DAVIDsTEA is currently at 6.29. For similar time horizon, the selected benchmark (DOW) has volatility of 4.11
α
Alpha over DOW
=-0.15
β
Beta against DOW=0.91
σ
Overall volatility
=9.12
Ir
Information ratio =-0.02

DAVIDsTEA Return Volatility

the company inherits 9.1183% risk (volatility on return distribution) over the 30 days horizon. the entity inherits 4.0893% risk (volatility on return distribution) over the 30 days horizon.
 Performance (%) 
      Timeline 

About DAVIDsTEA Volatility

Volatility is a rate at which the price of DAVIDsTEA or any other equity instrument increases or decreases for a given set of returns. It is measured by calculating the standard deviation of the annualized returns over a given period of time and shows the range to which the price of DAVIDsTEA may increase or decrease. In other words, similar to DAVIDsTEA's beta indicator, it measures the risk of DAVIDsTEA and helps estimate the fluctuations that may happen in a short period of time. So if prices of DAVIDsTEA fluctuate rapidly in a short time span, it is termed to have high volatility, and if it swings slowly in a more extended period, it is understood to have low volatility. Please read more on our technical analysis page.

DAVIDsTEA Investment Opportunity

DAVIDsTEA has a volatility of 9.12 and is 2.23 times more volatile than DOW. 80  of all equities and portfolios are less risky than DAVIDsTEA. Compared to the overall equity markets, volatility of historical daily returns of DAVIDsTEA is higher than 80 () of all global equities and portfolios over the last 30 days. Use DAVIDsTEA to enhance returns of your portfolios. The stock experiences very speculative upward sentiment. . Check odds of DAVIDsTEA to be traded at $1.1149 in 30 days. . DAVIDsTEA returns are very sensitive to returns on the market. As market goes up or down, DAVIDsTEA is expected to follow.

DAVIDsTEA correlation with market

correlation synergy
Very weak diversification
Overlapping area represents the amount of risk that can be diversified away by holding DAVIDsTEA Inc and equity matching DJI index in the same portfolio.

DAVIDsTEA Current Risk Indicators

DAVIDsTEA Suggested Diversification Pairs

Continue to Investing Opportunities. Please also try Fundamental Analysis module to view fundamental data based on most recent published financial statements.
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