|Horizon||30 Days Login to change|
Absolute Insight Market Sensitivity
|As returns on market increase, returns on owning Absolute Insight are expected to decrease at a much smaller rate. During bear market, Absolute Insight is likely to outperform the market.One Month Beta |Analyze Absolute Insight Demand TrendCheck current 30 days Absolute Insight correlation with market (DOW)|
β = -0.1817
Absolute Insight Central Price Deviations
Absolute Insight Technical Analysis
Absolute Insight Projected Return Density Against MarketAssuming 30 trading days horizon, Absolute Insight Eq Mkt Netrl has beta of -0.1817 suggesting as returns on benchmark increase, returns on holding Absolute Insight are expected to decrease at a much smaller rate. During bear market, however, Absolute Insight Eq Mkt Netrl is likely to outperform the market. 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
Absolute Insight Return VolatilityAbsolute Insight Eq Mkt Netrl accepts 0.0% volatility on return distribution over the 30 days horizon. DOW inherits 1.2145% risk (volatility on return distribution) over the 30 days horizon.