|Horizon||30 Days Login to change|
Mirae Asset Market Sensitivity
Mirae Asset Emerging Technical Analysis
Mirae Asset Projected Return Density Against MarketAssuming 30 trading days horizon, Mirae Asset has beta of 0.186 suggesting as returns on market go up, Mirae Asset average returns are expected to increase less than the benchmark. However during bear market, the loss on holding Mirae Asset Emerging Bluechip Dir Gr will be expected to be much smaller as well. Moreover, Mirae Asset Emerging Bluechip Dir Gr has an alpha of 0.2071 implying that it can potentially generate 0.2071% excess return over DOW after adjusting for the inherited market risk (beta).
Mirae Asset Return VolatilityMirae Asset Emerging Bluechip Dir Gr accepts 0.0% volatility on return distribution over the 30 days horizon. DOW inherits 1.3198% risk (volatility on return distribution) over the 30 days horizon.