|Horizon||30 Days Login to change|
MetLife Market Sensitivity
|MetLife returns are very sensitive to returns on the market. As market goes up or down, MetLife is expected to follow.One Month Beta |Analyze MetLife Demand TrendCheck current 30 days MetLife correlation with market (DOW)|
β = 1.014
MetLife Technical Analysis
MetLife Projected Return Density Against MarketConsidering 30-days investment horizon, the stock has beta coefficient of 1.014 indicating MetLife market returns are very sensitive to returns on the market. As the market benchmark goes up or down, MetLife is expected to follow. Moreover, MetLife has an alpha of 0.0987 implying that it can potentially generate 0.0987% excess return over DOW after adjusting for the inherited market risk (beta).
Predicted Return Density
MetLife Return VolatilityMetLife has volatility of 1.1513% on return distribution over 30 days investment horizon. DOW inherits 0.4487% risk (volatility on return distribution) over the 30 days horizon.