|Horizon||30 Days Login to change|
BlackRock ICS Market Sensitivity
|As returns on market increase, BlackRock ICS returns are expected to increase less than the market. However during bear market, the loss on holding BlackRock ICS will be expected to be smaller as well.One Month Beta |Analyze BlackRock ICS Sterling Demand TrendCheck current 30 days BlackRock ICS correlation with market (DOW)|
β = 0.0077
BlackRock ICS Sterling Technical Analysis
BlackRock ICS Projected Return Density Against MarketAssuming 30 trading days horizon, BlackRock ICS has beta of 0.0077 suggesting as returns on market go up, BlackRock ICS average returns are expected to increase less than the benchmark. However during bear market, the loss on holding BlackRock ICS Sterling Liq Age will be expected to be much smaller as well. Additionally, BlackRock ICS Sterling Liq Age 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 Age accepts 0.0% volatility on return distribution over the 30 days horizon. DOW inherits 1.0479% risk (volatility on return distribution) over the 30 days horizon.