|Horizon||30 Days Login to change|
ANIMA Variable Market Sensitivity
|As returns on market increase, returns on owning ANIMA Variable are expected to decrease at a much smaller rate. During bear market, ANIMA Variable is likely to outperform the market.One Month Beta |Analyze ANIMA Variable Rate Demand TrendCheck current 30 days ANIMA Variable correlation with market (DOW)|
β = -0.2133
ANIMA Variable Rate Technical Analysis
ANIMA Variable Projected Return Density Against MarketAssuming 30 trading days horizon, ANIMA Variable Rate Bond I EUR Acc has beta of -0.2133 suggesting as returns on benchmark increase, returns on holding ANIMA Variable are expected to decrease at a much smaller rate. During bear market, however, ANIMA Variable Rate Bond I EUR Acc is likely to outperform the market. Additionally, ANIMA Variable Rate Bond I EUR 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
ANIMA Variable Return VolatilityANIMA Variable Rate Bond I EUR Acc accepts 1.6184% volatility on return distribution over the 30 days horizon. DOW inherits 0.4303% risk (volatility on return distribution) over the 30 days horizon.