|Horizon||30 Days Login to change|
BORUSSIA DORTMUND Market Sensitivity
|As returns on market increase, returns on owning BORUSSIA DORTMUND are expected to decrease at a much smaller rate. During bear market, BORUSSIA DORTMUND is likely to outperform the market.One Month Beta |Analyze BORUSSIA DORTMUND Demand TrendCheck current 30 days BORUSSIA DORTMUND correlation with market (DOW)|
β = -0.2218
BORUSSIA DORTMUND Technical Analysis
BORUSSIA DORTMUND Projected Return Density Against MarketAssuming 30 trading days horizon, BORUSSIA DORTMUND has beta of -0.2218 . This suggests as returns on benchmark increase, returns on holding BORUSSIA DORTMUND are expected to decrease at a much smaller rate. During bear market, however, BORUSSIA DORTMUND is likely to outperform the market. Moreover, BORUSSIA DORTMUND has an alpha of 0.801 implying that it can potentially generate 0.801% excess return over DOW after adjusting for the inherited market risk (beta).
Predicted Return Density
BORUSSIA DORTMUND Return VolatilityBORUSSIA DORTMUND assumes 2.479% volatility of returns over the 30 days investment horizon. DOW inherits 1.0479% risk (volatility on return distribution) over the 30 days horizon.