|Horizon||30 Days Login to change|
Avon Lifesciences Market Sensitivity
|As returns on market increase, returns on owning Avon Lifesciences are expected to decrease at a much smaller rate. During bear market, Avon Lifesciences is likely to outperform the market.One Month Beta |Analyze Avon Lifesciences Limited Demand TrendCheck current 30 days Avon Lifesciences correlation with market (DOW)|
β = -0.6264
Avon Lifesciences Limited Technical Analysis
Avon Lifesciences Projected Return Density Against MarketAssuming 30 trading days horizon, Avon Lifesciences Limited has beta of -0.6264 . This suggests as returns on benchmark increase, returns on holding Avon Lifesciences are expected to decrease at a much smaller rate. During bear market, however, Avon Lifesciences Limited is likely to outperform the market. Additionally, Avon Lifesciences Limited 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
Avon Lifesciences Return VolatilityAvon Lifesciences Limited accepts 0.0% volatility on return distribution over the 30 days horizon. DOW inherits 0.4168% risk (volatility on return distribution) over the 30 days horizon.