|Horizon||30 Days Login to change|
GAM Star Market Sensitivity
|As returns on market increase, returns on owning GAM Star are expected to decrease at a much smaller rate. During bear market, GAM Star is likely to outperform the market.One Month Beta |Analyze GAM Star Japan Demand TrendCheck current 30 days GAM Star correlation with market (DOW)|
β = -0.6204
GAM Star Japan Technical Analysis
GAM Star Projected Return Density Against MarketAssuming 30 trading days horizon, GAM Star Japan Equity Z USD Acc has beta of -0.6204 suggesting as returns on benchmark increase, returns on holding GAM Star are expected to decrease at a much smaller rate. During bear market, however, GAM Star Japan Equity Z USD Acc is likely to outperform the market. Moreover, GAM Star Japan Equity Z USD Acc has an alpha of 0.0578 implying that it can potentially generate 0.0578% excess return over DOW after adjusting for the inherited market risk (beta).
Predicted Return Density
GAM Star Return VolatilityGAM Star Japan Equity Z USD Acc accepts 1.9794% volatility on return distribution over the 30 days horizon. DOW inherits 0.4168% risk (volatility on return distribution) over the 30 days horizon.