|Horizon||30 Days Login to change|
Curtiss Wright Market Sensitivity
|As returns on market increase, returns on owning Curtiss Wright are expected to decrease at a much smaller rate. During bear market, Curtiss Wright is likely to outperform the market.One Month Beta |Analyze Curtiss Wright Demand TrendCheck current 30 days Curtiss Wright correlation with market (DOW)|
β = -0.1154
Curtiss Wright Technical Analysis
Curtiss Wright Projected Return Density Against MarketAllowing for the 30-days total investment horizon, Curtiss Wright Corporation has beta of -0.1154 . This suggests as returns on benchmark increase, returns on holding Curtiss Wright are expected to decrease at a much smaller rate. During bear market, however, Curtiss Wright Corporation is likely to outperform the market. Moreover, Curtiss Wright Corporation has an alpha of 0.1883 implying that it can potentially generate 0.1883% excess return over DOW after adjusting for the inherited market risk (beta).
Predicted Return Density
Curtiss Wright Return VolatilityCurtiss Wright Corporation accepts 0.785% volatility on return distribution over the 30 days horizon. DOW inherits 0.4168% risk (volatility on return distribution) over the 30 days horizon.