|Horizon||30 Days Login to change|
Russell Floating Market Sensitivity
|As returns on market increase, Russell Floating returns are expected to increase less than the market. However during bear market, the loss on holding Russell Floating will be expected to be smaller as well.One Month Beta |Analyze Russell Floating Rate Demand TrendCheck current 30 days Russell Floating correlation with market (DOW)|
β = 0.1667
Russell Floating Rate Technical Analysis
Russell Floating Projected Return Density Against MarketAssuming 30 trading days horizon, Russell Floating has beta of 0.1667 suggesting as returns on market go up, Russell Floating average returns are expected to increase less than the benchmark. However during bear market, the loss on holding Russell Floating Rate Fd I Stg H Income will be expected to be much smaller as well. Additionally, Russell Floating Rate Fd I Stg H Income 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
Russell Floating Return VolatilityRussell Floating Rate Fd I Stg H Income accepts 0.0% volatility on return distribution over the 30 days horizon. DOW inherits 1.0565% risk (volatility on return distribution) over the 30 days horizon.