|Horizon||30 Days Login to change|
Odey Odyssey Market Sensitivity
|As returns on market increase, Odey Odyssey returns are expected to increase less than the market. However during bear market, the loss on holding Odey Odyssey will be expected to be smaller as well.One Month Beta |Analyze Odey Odyssey R Demand TrendCheck current 30 days Odey Odyssey correlation with market (DOW)|
β = 0.2036
Odey Odyssey R Technical Analysis
Odey Odyssey Projected Return Density Against MarketAssuming 30 trading days horizon, Odey Odyssey has beta of 0.2036 suggesting as returns on market go up, Odey Odyssey average returns are expected to increase less than the benchmark. However during bear market, the loss on holding Odey Odyssey R USD Acc will be expected to be much smaller as well. Additionally, Odey Odyssey R USD Acc 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
Odey Odyssey Return VolatilityOdey Odyssey R USD Acc accepts 0.7231% volatility on return distribution over the 30 days horizon. DOW inherits 1.023% risk (volatility on return distribution) over the 30 days horizon.