|Horizon||30 Days Login to change|
Invesco Korean Market Sensitivity
|As returns on market increase, returns on owning Invesco Korean are expected to decrease at a much smaller rate. During bear market, Invesco Korean is likely to outperform the market.One Month Beta |Analyze Invesco Korean Equity Demand TrendCheck current 30 days Invesco Korean correlation with market (DOW)|
β = -0.3358
Invesco Korean Equity Technical Analysis
Invesco Korean Projected Return Density Against MarketAssuming 30 trading days horizon, Invesco Korean Equity A HKD has beta of -0.3358 suggesting as returns on benchmark increase, returns on holding Invesco Korean are expected to decrease at a much smaller rate. During bear market, however, Invesco Korean Equity A HKD is likely to outperform the market. Additionally, Invesco Korean Equity A HKD 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
Invesco Korean Return VolatilityInvesco Korean Equity A HKD accepts 0.0% volatility on return distribution over the 30 days horizon. DOW inherits 1.0635% risk (volatility on return distribution) over the 30 days horizon.