|Horizon||30 Days Login to change|
GlobalAccess Glbl Market Sensitivity
|As returns on market increase, returns on owning GlobalAccess Glbl are expected to decrease at a much smaller rate. During bear market, GlobalAccess Glbl is likely to outperform the market.One Month Beta |Analyze GlobalAccess Glbl Short Demand TrendCheck current 30 days GlobalAccess Glbl correlation with market (DOW)|
β = -0.1076
GlobalAccess Glbl Short Technical Analysis
GlobalAccess Glbl Projected Return Density Against MarketAssuming 30 trading days horizon, GlobalAccess Glbl Short Dur Bd has beta of -0.1076 suggesting as returns on benchmark increase, returns on holding GlobalAccess Glbl are expected to decrease at a much smaller rate. During bear market, however, GlobalAccess Glbl Short Dur Bd is likely to outperform the market. Additionally, GlobalAccess Glbl Short Dur Bd 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
GlobalAccess Glbl Return VolatilityGlobalAccess Glbl Short Dur Bd accepts 0.4951% volatility on return distribution over the 30 days horizon. DOW inherits 1.0618% risk (volatility on return distribution) over the 30 days horizon.