|Horizon||30 Days Login to change|
JM Money Market Sensitivity
|As returns on market increase, returns on owning JM Money are expected to decrease at a much smaller rate. During bear market, JM Money is likely to outperform the market.One Month Beta |Analyze JM Money Manager Demand TrendCheck current 30 days JM Money correlation with market (DOW)|
β = -0.0178
JM Money Central Daily Price Deviation
JM Money Manager Technical Analysis
JM Money Projected Return Density Against MarketAssuming 30 trading days horizon, JM Money Manager Super Plus Dir Fr Div has beta of -0.0178 suggesting as returns on benchmark increase, returns on holding JM Money are expected to decrease at a much smaller rate. During bear market, however, JM Money Manager Super Plus Dir Fr Div is likely to outperform the market. 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
JM Money Return VolatilityJM Money Manager Super Plus Dir Fr Div accepts 0.0% volatility on return distribution over the 30 days horizon. DOW inherits 1.2054% risk (volatility on return distribution) over the 30 days horizon.