|Horizon||30 Days Login to change|
Emilia Development Market Sensitivity
|As returns on market increase, returns on owning Emilia Development are expected to decrease at a much smaller rate. During bear market, Emilia Development is likely to outperform the market.One Month Beta |Analyze Emilia Development Demand TrendCheck current 30 days Emilia Development correlation with market (DOW)|
β = -0.218
Emilia Development Technical Analysis
Emilia Development Projected Return Density Against MarketAssuming 30 trading days horizon, Emilia Development Ltd has beta of -0.218 suggesting as returns on benchmark increase, returns on holding Emilia Development are expected to decrease at a much smaller rate. During bear market, however, Emilia Development Ltd is likely to outperform the market. Additionally, Emilia Development 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
Emilia Development Return VolatilityEmilia Development Ltd accepts 1.4706% volatility on return distribution over the 30 days horizon. DOW inherits 1.0603% risk (volatility on return distribution) over the 30 days horizon.