|Horizon||30 Days Login to change|
LT FRF Market Sensitivity
|As returns on market increase, LT FRF returns are expected to increase less than the market. However during bear market, the loss on holding LT FRF will be expected to be smaller as well.One Month Beta |Analyze LT FRF Gr Demand TrendCheck current 30 days LT FRF correlation with market (DOW)|
β = 0.042
LT FRF Gr Technical Analysis
LT FRF Projected Return Density Against MarketAssuming 30 trading days horizon, LT FRF has beta of 0.042 suggesting as returns on market go up, LT FRF average returns are expected to increase less than the benchmark. However during bear market, the loss on holding LT FRF Gr will be expected to be much smaller as well. Moreover, LT FRF Gr has an alpha of 0.2289 implying that it can potentially generate 0.2289% excess return over DOW after adjusting for the inherited market risk (beta).
Predicted Return Density
LT FRF Return VolatilityLT FRF Gr accepts 0.2932% volatility on return distribution over the 30 days horizon. DOW inherits 1.0609% risk (volatility on return distribution) over the 30 days horizon.