|Horizon||30 Days Login to change|
Sundaram Money Market Sensitivity
|As returns on market increase, returns on owning Sundaram Money are expected to decrease at a much smaller rate. During bear market, Sundaram Money is likely to outperform the market.One Month Beta |Analyze Sundaram Money Reg Demand TrendCheck current 30 days Sundaram Money correlation with market (DOW)|
β = -0.0113
Sundaram Money Reg Technical Analysis
Sundaram Money Projected Return Density Against MarketAssuming 30 trading days horizon, Sundaram Money Reg Bns has beta of -0.0113 suggesting as returns on benchmark increase, returns on holding Sundaram Money are expected to decrease at a much smaller rate. During bear market, however, Sundaram Money Reg Bns is likely to outperform the market. Moreover, Sundaram Money Reg Bns has an alpha of 0.0344 implying that it can potentially generate 0.0344% excess return over DOW after adjusting for the inherited market risk (beta).
Predicted Return Density
Sundaram Money Return VolatilitySundaram Money Reg Bns accepts 0.257% volatility on return distribution over the 30 days horizon. DOW inherits 0.4541% risk (volatility on return distribution) over the 30 days horizon.