|Horizon||30 Days Login to change|
Wellington Strategic Market Sensitivity
|As returns on market increase, returns on owning Wellington Strategic are expected to decrease at a much smaller rate. During bear market, Wellington Strategic is likely to outperform the market.One Month Beta |Analyze Wellington Strategic Demand TrendCheck current 30 days Wellington Strategic correlation with market (DOW)|
β = -0.0561
Wellington Strategic Technical Analysis
Wellington Strategic Projected Return Density Against MarketAssuming 30 trading days horizon, Wellington Strategic Eurp Eq N USD Acc has beta of -0.0561 suggesting as returns on benchmark increase, returns on holding Wellington Strategic are expected to decrease at a much smaller rate. During bear market, however, Wellington Strategic Eurp Eq N USD Acc is likely to outperform the market. Moreover, Wellington Strategic Eurp Eq N USD Acc has an alpha of 0.1373 implying that it can potentially generate 0.1373% excess return over DOW after adjusting for the inherited market risk (beta).
Predicted Return Density
Wellington Strategic Return VolatilityWellington Strategic Eurp Eq N USD Acc accepts 1.264% volatility on return distribution over the 30 days horizon. DOW inherits 1.0479% risk (volatility on return distribution) over the 30 days horizon.