|Horizon||30 Days Login to change|
VOXX International Market Sensitivity
|As returns on market increase, returns on owning VOXX International are expected to decrease at a much smaller rate. During bear market, VOXX International is likely to outperform the market.One Month Beta |Analyze VOXX International Demand TrendCheck current 30 days VOXX International correlation with market (DOW)|
β = -0.6422
VOXX International Technical Analysis
VOXX International Projected Return Density Against MarketGiven the investment horizon of 30 days, VOXX International Corporation has beta of -0.6422 . This entails as returns on benchmark increase, returns on holding VOXX International are expected to decrease at a much smaller rate. During bear market, however, VOXX International Corporation is likely to outperform the market. Additionally, VOXX International Corporation 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
VOXX International Return VolatilityVOXX International Corporation inherits 1.1802% risk (volatility on return distribution) over the 30 days horizon. DOW inherits 0.3625% risk (volatility on return distribution) over the 30 days horizon.