|Horizon||30 Days Login to change|
NFB Global Market Sensitivity
|As returns on market increase, NFB Global returns are expected to increase less than the market. However during bear market, the loss on holding NFB Global will be expected to be smaller as well.One Month Beta |Analyze NFB Global Balanced Demand TrendCheck current 30 days NFB Global correlation with market (DOW)|
β = 0.0209
NFB Global Balanced Technical Analysis
NFB Global Projected Return Density Against MarketAssuming 30 trading days horizon, NFB Global has beta of 0.0209 suggesting as returns on market go up, NFB Global average returns are expected to increase less than the benchmark. However during bear market, the loss on holding NFB Global Balanced Fd of Fds A USD Acc will be expected to be much smaller as well. Moreover, NFB Global Balanced Fd of Fds A USD Acc has an alpha of 0.0856 implying that it can potentially generate 0.0856% excess return over DOW after adjusting for the inherited market risk (beta).
Predicted Return Density
NFB Global Return VolatilityNFB Global Balanced Fd of Fds A USD Acc accepts 0.3561% volatility on return distribution over the 30 days horizon. DOW inherits 1.0479% risk (volatility on return distribution) over the 30 days horizon.