|Horizon||30 Days Login to change|
United Parcel Market Sensitivity
|As returns on market increase, returns on owning United Parcel are expected to decrease at a much smaller rate. During bear market, United Parcel is likely to outperform the market.One Month Beta |Analyze United Parcel Service Demand TrendCheck current 30 days United Parcel correlation with market (DOW)|
β = -0.0851
United Parcel Service Technical Analysis
United Parcel Projected Return Density Against MarketConsidering 30-days investment horizon, United Parcel Service has beta of -0.0851 . This entails as returns on benchmark increase, returns on holding United Parcel are expected to decrease at a much smaller rate. During bear market, however, United Parcel Service is likely to outperform the market. 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 0.9312% on return distribution over 30 days investment horizon. DOW inherits 0.4168% risk (volatility on return distribution) over the 30 days horizon.