|Horizon||30 Days Login to change|
Taurus Liquid Market Sensitivity
|As returns on market increase, returns on owning Taurus Liquid are expected to decrease at a much smaller rate. During bear market, Taurus Liquid is likely to outperform the market.One Month Beta |Analyze Taurus Liquid Gr Demand TrendCheck current 30 days Taurus Liquid correlation with market (DOW)|
β = -0.2368
Taurus Liquid Gr Technical Analysis
Taurus Liquid Projected Return Density Against MarketAssuming 30 trading days horizon, Taurus Liquid Gr has beta of -0.2368 suggesting as returns on benchmark increase, returns on holding Taurus Liquid are expected to decrease at a much smaller rate. During bear market, however, Taurus Liquid Gr is likely to outperform the market. Moreover, Taurus Liquid Gr has an alpha of 0.2459 implying that it can potentially generate 0.2459% excess return over DOW after adjusting for the inherited market risk (beta).
Predicted Return Density
Taurus Liquid Return VolatilityTaurus Liquid Gr accepts 0.1794% volatility on return distribution over the 30 days horizon. DOW inherits 0.4541% risk (volatility on return distribution) over the 30 days horizon.