|Horizon||30 Days Login to change|
United Parcel Market Sensitivity
|As returns on market increase, United Parcel returns are expected to increase less than the market. However during bear market, the loss on holding United Parcel will be expected to be smaller as well.One Month Beta |Analyze United Parcel Service Demand TrendCheck current 30 days United Parcel correlation with market (DOW)|
β = 0.1426
United Parcel Service Technical Analysis
United Parcel Projected Return Density Against MarketConsidering 30-days investment horizon, United Parcel has beta of 0.1426 . This entails as returns on market go up, United Parcel average returns are expected to increase less than the benchmark. However during bear market, the loss on holding United Parcel Service will be expected to be much smaller as well. Additionally, United Parcel Service 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
United Parcel Return VolatilityUnited Parcel Service has volatility of 0.9895% on return distribution over 30 days investment horizon. DOW inherits 0.3914% risk (volatility on return distribution) over the 30 days horizon.