|Horizon||30 Days Login to change|
BioTime Market Sensitivity
|BioTime returns are very sensitive to returns on the market. As market goes up or down, BioTime is expected to follow.One Month Beta |Analyze BioTime Demand TrendCheck current 30 days BioTime correlation with market (DOW)|
β = 0.9239
BioTime Technical Analysis
BioTime Projected Return Density Against MarketAssuming 30 trading days horizon, BioTime has beta of 0.9239 . This suggests BioTime market returns are very sensitive to returns on the market. As the market benchmark goes up or down, BioTime is expected to follow. Additionally, BioTime 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
BioTime Return VolatilityBioTime assumes 3.0587% volatility of returns over the 30 days investment horizon. DOW inherits 1.0479% risk (volatility on return distribution) over the 30 days horizon.