|Horizon||30 Days Login to change|
Mediolanum Market Sensitivity
|As returns on market increase, returns on owning Mediolanum are expected to decrease at a much smaller rate. During bear market, Mediolanum is likely to outperform the market.One Month Beta |Analyze Mediolanum Ch Provident Demand TrendCheck current 30 days Mediolanum correlation with market (DOW)|
β = -0.0123
Mediolanum Ch Provident Technical Analysis
Mediolanum Projected Return Density Against MarketAssuming 30 trading days horizon, Mediolanum Ch Provident 2 has beta of -0.0123 suggesting as returns on benchmark increase, returns on holding Mediolanum are expected to decrease at a much smaller rate. During bear market, however, Mediolanum Ch Provident 2 is likely to outperform the market. Additionally, Mediolanum Ch Provident 2 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
Mediolanum Return VolatilityMediolanum Ch Provident 2 accepts 0.1659% volatility on return distribution over the 30 days horizon. DOW inherits 1.0635% risk (volatility on return distribution) over the 30 days horizon.