|Horizon||30 Days Login to change|
Polar UK Market Sensitivity
|As returns on market increase, returns on owning Polar UK are expected to decrease at a much smaller rate. During bear market, Polar UK is likely to outperform the market.One Month Beta |Analyze Polar UK Absolute Demand TrendCheck current 30 days Polar UK correlation with market (DOW)|
β = -0.0985
Polar UK Absolute Technical Analysis
Polar UK Projected Return Density Against MarketAssuming 30 trading days horizon, Polar UK Absolute Equity S Euro has beta of -0.0985 suggesting as returns on benchmark increase, returns on holding Polar UK are expected to decrease at a much smaller rate. During bear market, however, Polar UK Absolute Equity S Euro is likely to outperform the market. Additionally, Polar UK Absolute Equity S Euro has a negative alpha implying that the risk taken by holding this equity is not justified. The company is significantly underperforming DOW
Polar UK Return VolatilityPolar UK Absolute Equity S Euro accepts 0.0% volatility on return distribution over the 30 days horizon. DOW inherits 1.2393% risk (volatility on return distribution) over the 30 days horizon.