|Horizon||30 Days Login to change|
International Business Market Sensitivity
|As returns on market increase, International Business returns are expected to increase less than the market. However during bear market, the loss on holding International Business will be expected to be smaller as well.One Month Beta |Analyze International Business Demand TrendCheck current 30 days International Business correlation with market (DOW)|
β = 0.4066
International Business Technical Analysis
International Business Projected Return Density Against MarketConsidering 30-days investment horizon, International Business has beta of 0.4066 . This indicates as returns on market go up, International Business average returns are expected to increase less than the benchmark. However during bear market, the loss on holding International Business Machines Corporation will be expected to be much smaller as well. Moreover, International Business Machines Corporation has an alpha of 0.0727 implying that it can potentially generate 0.0727% excess return over DOW after adjusting for the inherited market risk (beta).
Predicted Return Density
International Business Return VolatilityInternational Business Machines Corporation has volatility of 0.6695% on return distribution over 30 days investment horizon. DOW inherits 0.3947% risk (volatility on return distribution) over the 30 days horizon.