|Horizon||30 Days Login to change|
Wellington Strategic Market Sensitivity
|As returns on market increase, Wellington Strategic returns are expected to increase less than the market. However during bear market, the loss on holding Wellington Strategic will be expected to be smaller as well.One Month Beta |Analyze Wellington Strategic Demand TrendCheck current 30 days Wellington Strategic correlation with market (DOW)|
β = 0.0646
Wellington Strategic Technical Analysis
Wellington Strategic Projected Return Density Against MarketAssuming 30 trading days horizon, Wellington Strategic has beta of 0.0646 suggesting as returns on market go up, Wellington Strategic average returns are expected to increase less than the benchmark. However during bear market, the loss on holding Wellington Strategic Eurp Eq D EUR Acc will be expected to be much smaller as well. Moreover, Wellington Strategic Eurp Eq D EUR Acc has an alpha of 0.0471 implying that it can potentially generate 0.0471% excess return over DOW after adjusting for the inherited market risk (beta).
Predicted Return Density
Wellington Strategic Return VolatilityWellington Strategic Eurp Eq D EUR Acc accepts 0.3097% volatility on return distribution over the 30 days horizon. DOW inherits 0.4529% risk (volatility on return distribution) over the 30 days horizon.