|Horizon||30 Days Login to change|
JM Money Market Sensitivity
|As returns on market increase, JM Money returns are expected to increase less than the market. However during bear market, the loss on holding JM Money will be expected to be smaller as well.One Month Beta |Analyze JM Money Manager Demand TrendCheck current 30 days JM Money correlation with market (DOW)|
β = 0.0335
JM Money Manager Technical Analysis
JM Money Projected Return Density Against MarketAssuming 30 trading days horizon, JM Money has beta of 0.0335 suggesting as returns on market go up, JM Money average returns are expected to increase less than the benchmark. However during bear market, the loss on holding JM Money Manager Super Plus Dir Fr Div will be expected to be much smaller as well. Additionally, JM Money Manager Super Plus Dir Fr Div 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
JM Money Return VolatilityJM Money Manager Super Plus Dir Fr Div accepts 0.0483% volatility on return distribution over the 30 days horizon. DOW inherits 0.4529% risk (volatility on return distribution) over the 30 days horizon.