|Horizon||30 Days Login to change|
BlackRock ICS Market Sensitivity
|As returns on market increase, returns on owning BlackRock ICS are expected to decrease at a much smaller rate. During bear market, BlackRock ICS is likely to outperform the market.One Month Beta |Analyze BlackRock ICS US Demand TrendCheck current 30 days BlackRock ICS correlation with market (DOW)|
β = -0.0057
BlackRock ICS US Technical Analysis
BlackRock ICS Projected Return Density Against MarketAssuming 30 trading days horizon, BlackRock ICS US Treasury Acc has beta of -0.0057 suggesting as returns on benchmark increase, returns on holding BlackRock ICS are expected to decrease at a much smaller rate. During bear market, however, BlackRock ICS US Treasury Acc is likely to outperform the market. Moreover, BlackRock ICS US Treasury Acc has an alpha of 0.0298 implying that it can potentially generate 0.0298% excess return over DOW after adjusting for the inherited market risk (beta).
Predicted Return Density
BlackRock ICS Return VolatilityBlackRock ICS US Treasury Acc accepts 0.1225% volatility on return distribution over the 30 days horizon. DOW inherits 1.088% risk (volatility on return distribution) over the 30 days horizon.