|Horizon||30 Days Login to change|
Max Life Market Sensitivity
|As returns on market increase, returns on owning Max Life are expected to decrease at a much smaller rate. During bear market, Max Life is likely to outperform the market.One Month Beta |Analyze Max Life Grp Demand TrendCheck current 30 days Max Life correlation with market (DOW)|
β = -0.0132
Max Life Grp Technical Analysis
Max Life Projected Return Density Against MarketAssuming 30 trading days horizon, Max Life Grp SuperAnnu Conservative has beta of -0.0132 suggesting as returns on benchmark increase, returns on holding Max Life are expected to decrease at a much smaller rate. During bear market, however, Max Life Grp SuperAnnu Conservative is likely to outperform the market. Moreover, Max Life Grp SuperAnnu Conservative has an alpha of 0.1237 implying that it can potentially generate 0.1237% excess return over DOW after adjusting for the inherited market risk (beta).
Predicted Return Density
Max Life Return VolatilityMax Life Grp SuperAnnu Conservative accepts 0.0% volatility on return distribution over the 30 days horizon. DOW inherits 0.3625% risk (volatility on return distribution) over the 30 days horizon.