|Horizon||30 Days Login to change|
Mediolanum Market Sensitivity
|As returns on market increase, Mediolanum returns are expected to increase less than the market. However during bear market, the loss on holding Mediolanum will be expected to be smaller as well.One Month Beta |Analyze Mediolanum Ch Provident Demand TrendCheck current 30 days Mediolanum correlation with market (DOW)|
β = 0.1593
Mediolanum Ch Provident Technical Analysis
Mediolanum Projected Return Density Against MarketAssuming 30 trading days horizon, Mediolanum has beta of 0.1593 suggesting as returns on market go up, Mediolanum average returns are expected to increase less than the benchmark. However during bear market, the loss on holding Mediolanum Ch Provident 3 will be expected to be much smaller as well. Additionally, Mediolanum Ch Provident 3 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 3 accepts 0.2591% volatility on return distribution over the 30 days horizon. DOW inherits 0.4208% risk (volatility on return distribution) over the 30 days horizon.