|Horizon||30 Days Login to change|
Brenmiller Energy Market Sensitivity
|As returns on market increase, returns on owning Brenmiller Energy are expected to decrease at a much smaller rate. During bear market, Brenmiller Energy is likely to outperform the market.One Month Beta |Analyze Brenmiller Energy Demand TrendCheck current 30 days Brenmiller Energy correlation with market (DOW)|
β = -0.1148
Brenmiller Energy Technical Analysis
Brenmiller Energy Projected Return Density Against MarketAssuming 30 trading days horizon, Brenmiller Energy Ltd has beta of -0.1148 . This suggests as returns on benchmark increase, returns on holding Brenmiller Energy are expected to decrease at a much smaller rate. During bear market, however, Brenmiller Energy Ltd is likely to outperform the market. Additionally, Brenmiller Energy Ltd 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
Brenmiller Energy Return VolatilityBrenmiller Energy Ltd accepts 1.8419% volatility on return distribution over the 30 days horizon. DOW inherits 1.0479% risk (volatility on return distribution) over the 30 days horizon.