|Horizon||30 Days Login to change|
Old Mutual Market Sensitivity
|As returns on market increase, returns on owning Old Mutual are expected to decrease at a much smaller rate. During bear market, Old Mutual is likely to outperform the market.One Month Beta |Analyze Old Mutual Global Demand TrendCheck current 30 days Old Mutual correlation with market (DOW)|
β = -0.1387
Old Mutual Global Technical Analysis
Old Mutual Projected Return Density Against MarketAssuming 30 trading days horizon, Old Mutual Global Eq AR A Hgd Acc has beta of -0.1387 suggesting as returns on benchmark increase, returns on holding Old Mutual are expected to decrease at a much smaller rate. During bear market, however, Old Mutual Global Eq AR A Hgd Acc is likely to outperform the market. Additionally, Old Mutual Global Eq AR A Hgd 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
Old Mutual Return VolatilityOld Mutual Global Eq AR A Hgd Acc accepts 0.8512% volatility on return distribution over the 30 days horizon. DOW inherits 1.088% risk (volatility on return distribution) over the 30 days horizon.