|Horizon||30 Days Login to change|
Controladora Vuela Market Sensitivity
|As returns on market increase, Controladora Vuela returns are expected to increase less than the market. However during bear market, the loss on holding Controladora Vuela will be expected to be smaller as well.One Month Beta |Analyze Controladora Vuela Demand TrendCheck current 30 days Controladora Vuela correlation with market (DOW)|
β = 0.5945
Controladora Vuela Technical Analysis
Controladora Vuela Projected Return Density Against MarketAssuming 30 trading days horizon, Controladora Vuela has beta of 0.5945 . This suggests as returns on market go up, Controladora Vuela average returns are expected to increase less than the benchmark. However during bear market, the loss on holding Controladora Vuela Compaa de Aviacin S A B de C V will be expected to be much smaller as well. Moreover, Controladora Vuela Compaa de Aviacin S A B de C V has an alpha of 0.348 implying that it can potentially generate 0.348% excess return over DOW after adjusting for the inherited market risk (beta).
Predicted Return Density
Controladora Vuela Return VolatilityControladora Vuela Compaa de Aviacin S A B de C V assumes 2.371% volatility of returns over the 30 days investment horizon. DOW inherits 1.0565% risk (volatility on return distribution) over the 30 days horizon.