|Horizon||30 Days Login to change|
Sahara Growth Market Sensitivity
|As returns on market increase, returns on owning Sahara Growth are expected to decrease at a much smaller rate. During bear market, Sahara Growth is likely to outperform the market.One Month Beta |Analyze Sahara Growth Dir Demand TrendCheck current 30 days Sahara Growth correlation with market (DOW)|
β = -0.1463
Sahara Growth Dir Technical Analysis
Sahara Growth Projected Return Density Against MarketAssuming 30 trading days horizon, Sahara Growth Dir Gr has beta of -0.1463 . This suggests as returns on benchmark increase, returns on holding Sahara Growth are expected to decrease at a much smaller rate. During bear market, however, Sahara Growth Dir Gr is likely to outperform the market. Moreover, Sahara Growth Dir Gr has an alpha of 0.0323 implying that it can potentially generate 0.0323% excess return over DOW after adjusting for the inherited market risk (beta).
Predicted Return Density
Sahara Growth Return VolatilitySahara Growth Dir Gr accepts 0.4272% volatility on return distribution over the 30 days horizon. DOW inherits 0.4487% risk (volatility on return distribution) over the 30 days horizon.