|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 Sterling Demand TrendCheck current 30 days BlackRock ICS correlation with market (DOW)|
β = -0.0013
BlackRock ICS Sterling Technical Analysis
BlackRock ICS Projected Return Density Against MarketAssuming 30 trading days horizon, BlackRock ICS Sterling Liq Admin II Acc has beta of -0.0013 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 Sterling Liq Admin II Acc is likely to outperform the market. Additionally, BlackRock ICS Sterling Liq Admin II Acc 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
BlackRock ICS Return VolatilityBlackRock ICS Sterling Liq Admin II Acc accepts 0.0334% volatility on return distribution over the 30 days horizon. DOW inherits 0.4168% risk (volatility on return distribution) over the 30 days horizon.