|Horizon||30 Days Login to change|
ClaymoreDelta Global Market Sensitivity
|As returns on market increase, returns on owning ClaymoreDelta Global are expected to decrease at a much smaller rate. During bear market, ClaymoreDelta Global is likely to outperform the market.One Month Beta |Analyze ClaymoreDelta Global Demand TrendCheck current 30 days ClaymoreDelta Global correlation with market (DOW)|
β = -0.393
ClaymoreDelta Global Technical Analysis
ClaymoreDelta Global Projected Return Density Against MarketConsidering 30-days investment horizon, ClaymoreDelta Global Shipping has beta of -0.393 . This entails as returns on benchmark increase, returns on holding ClaymoreDelta Global are expected to decrease at a much smaller rate. During bear market, however, ClaymoreDelta Global Shipping is likely to outperform the market. Additionally, ClaymoreDelta Global Shipping has a negative alpha implying that the risk taken by holding this equity is not justified. The company is significantly underperforming DOW
Predicted Return Density
ClaymoreDelta Global Return VolatilityClaymoreDelta Global Shipping has volatility of 1.338% on return distribution over 30 days investment horizon. DOW inherits 1.0404% risk (volatility on return distribution) over the 30 days horizon.