|Horizon||30 Days Login to change|
AllianzGI NFJ Market Sensitivity
AllianzGI NFJ Dividend Technical Analysis
AllianzGI NFJ Projected Return Density Against MarketAssuming 30 trading days horizon, AllianzGI NFJ Dividend Value R6 has beta of -0.0299 . This suggests as returns on benchmark increase, returns on holding AllianzGI NFJ are expected to decrease at a much smaller rate. During bear market, however, AllianzGI NFJ Dividend Value R6 is likely to outperform the market. Moreover, AllianzGI NFJ Dividend Value R6 has an alpha of 0.0463 implying that it can potentially generate 0.0463% excess return over DOW after adjusting for the inherited market risk (beta).
AllianzGI NFJ Return VolatilityAllianzGI NFJ Dividend Value R6 shows 0.0% volatility of returns over 30 trading days. DOW inherits 1.1955% risk (volatility on return distribution) over the 30 days horizon.