|Horizon||30 Days Login to change|
Perkins US Market Sensitivity
|As returns on market increase, returns on owning Perkins US are expected to decrease at a much smaller rate. During bear market, Perkins US is likely to outperform the market.One Month Beta |Analyze Perkins US Strategic Demand TrendCheck current 30 days Perkins US correlation with market (DOW)|
β = -0.0596
Perkins US Strategic Technical Analysis
Perkins US Projected Return Density Against MarketAssuming 30 trading days horizon, Perkins US Strategic Value E EUR Acc Hdg has beta of -0.0596 suggesting as returns on benchmark increase, returns on holding Perkins US are expected to decrease at a much smaller rate. During bear market, however, Perkins US Strategic Value E EUR Acc Hdg is likely to outperform the market. Moreover, Perkins US Strategic Value E EUR Acc Hdg has an alpha of 0.1937 implying that it can potentially generate 0.1937% excess return over DOW after adjusting for the inherited market risk (beta).
Predicted Return Density
Perkins US Return VolatilityPerkins US Strategic Value E EUR Acc Hdg accepts 0.2335% volatility on return distribution over the 30 days horizon. DOW inherits 1.0565% risk (volatility on return distribution) over the 30 days horizon.