|Horizon||30 Days Login to change|
Hermes US Market Sensitivity
|As returns on market increase, returns on owning Hermes US are expected to decrease at a much smaller rate. During bear market, Hermes US is likely to outperform the market.One Month Beta |Analyze Hermes US Smid Demand TrendCheck current 30 days Hermes US correlation with market (DOW)|
β = -0.1098
Hermes US Smid Technical Analysis
Hermes US Projected Return Density Against MarketAssuming 30 trading days horizon, Hermes US Smid Equity F GBP Inc Hdg has beta of -0.1098 suggesting as returns on benchmark increase, returns on holding Hermes US are expected to decrease at a much smaller rate. During bear market, however, Hermes US Smid Equity F GBP Inc Hdg is likely to outperform the market. Additionally, Hermes US Smid Equity F GBP Inc Hdg 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
Hermes US Return VolatilityHermes US Smid Equity F GBP Inc Hdg accepts 0.3247% volatility on return distribution over the 30 days horizon. DOW inherits 1.0479% risk (volatility on return distribution) over the 30 days horizon.