|Horizon||30 Days Login to change|
Absolute Insight Market Sensitivity
|As returns on market increase, Absolute Insight returns are expected to increase less than the market. However during bear market, the loss on holding Absolute Insight will be expected to be smaller as well.One Month Beta |Analyze Absolute Insight Demand TrendCheck current 30 days Absolute Insight correlation with market (DOW)|
β = 0.2279
Absolute Insight Technical Analysis
Absolute Insight Projected Return Density Against MarketAssuming 30 trading days horizon, Absolute Insight has beta of 0.2279 suggesting as returns on market go up, Absolute Insight average returns are expected to increase less than the benchmark. However during bear market, the loss on holding Absolute Insight Eq Mkt Netrl will be expected to be much smaller as well. Additionally, Absolute Insight Eq Mkt Netrl 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
Absolute Insight Return VolatilityAbsolute Insight Eq Mkt Netrl accepts 0.0% volatility on return distribution over the 30 days horizon. DOW inherits 0.444% risk (volatility on return distribution) over the 30 days horizon.