|Horizon||30 Days Login to change|
Edelweiss Prudent Market Sensitivity
|As returns on market increase, Edelweiss Prudent returns are expected to increase less than the market. However during bear market, the loss on holding Edelweiss Prudent will be expected to be smaller as well.One Month Beta |Analyze Edelweiss Prudent Demand TrendCheck current 30 days Edelweiss Prudent correlation with market (DOW)|
β = 0.6983
Edelweiss Prudent Technical Analysis
Edelweiss Prudent Projected Return Density Against MarketAssuming 30 trading days horizon, Edelweiss Prudent has beta of 0.6983 suggesting as returns on market go up, Edelweiss Prudent average returns are expected to increase less than the benchmark. However during bear market, the loss on holding Edelweiss Prudent Advantage Dir Div will be expected to be much smaller as well. Moreover, Edelweiss Prudent Advantage Dir Div has an alpha of 0.0834 implying that it can potentially generate 0.0834% excess return over DOW after adjusting for the inherited market risk (beta).
Predicted Return Density
Edelweiss Prudent Return VolatilityEdelweiss Prudent Advantage Dir Div accepts 1.087% volatility on return distribution over the 30 days horizon. DOW inherits 0.4487% risk (volatility on return distribution) over the 30 days horizon.