|Horizon||30 Days Login to change|
JM Balanced Market Sensitivity
|As returns on market increase, returns on owning JM Balanced are expected to decrease at a much smaller rate. During bear market, JM Balanced is likely to outperform the market.One Month Beta |Analyze JM Balanced Dir Demand TrendCheck current 30 days JM Balanced correlation with market (DOW)|
β = -0.0308
JM Balanced Dir Technical Analysis
JM Balanced Projected Return Density Against MarketAssuming 30 trading days horizon, JM Balanced Dir HY Bns Princ has beta of -0.0308 suggesting as returns on benchmark increase, returns on holding JM Balanced are expected to decrease at a much smaller rate. During bear market, however, JM Balanced Dir HY Bns Princ is likely to outperform the market. Moreover, JM Balanced Dir HY Bns Princ has an alpha of 0.1025 implying that it can potentially generate 0.1025% excess return over DOW after adjusting for the inherited market risk (beta).
Predicted Return Density
JM Balanced Return VolatilityJM Balanced Dir HY Bns Princ accepts 0.462% volatility on return distribution over the 30 days horizon. DOW inherits 0.4487% risk (volatility on return distribution) over the 30 days horizon.