|Horizon||30 Days Login to change|
Mercer Passive Market Sensitivity
|As returns on market increase, Mercer Passive returns are expected to increase less than the market. However during bear market, the loss on holding Mercer Passive will be expected to be smaller as well.One Month Beta |Analyze Mercer Passive Global Demand TrendCheck current 30 days Mercer Passive correlation with market (DOW)|
β = 0.1277
Mercer Passive Global Technical Analysis
Mercer Passive Projected Return Density Against MarketAssuming 30 trading days horizon, Mercer Passive has beta of 0.1277 suggesting as returns on market go up, Mercer Passive average returns are expected to increase less than the benchmark. However during bear market, the loss on holding Mercer Passive Global Eq CCF M will be expected to be much smaller as well. Moreover, Mercer Passive Global Eq CCF M has an alpha of 0.1092 implying that it can potentially generate 0.1092% excess return over DOW after adjusting for the inherited market risk (beta).
Predicted Return Density
Mercer Passive Return VolatilityMercer Passive Global Eq CCF M accepts 1.2457% volatility on return distribution over the 30 days horizon. DOW inherits 0.4541% risk (volatility on return distribution) over the 30 days horizon.