|Horizon||30 Days Login to change|
Iridian U Market Sensitivity
|As returns on market increase, returns on owning Iridian U are expected to decrease at a much smaller rate. During bear market, Iridian U is likely to outperform the market.One Month Beta |Analyze Iridian U S Demand TrendCheck current 30 days Iridian U correlation with market (DOW)|
β = -0.0681
Iridian U S Technical Analysis
Iridian U Projected Return Density Against MarketAssuming 30 trading days horizon, Iridian U S Equity I GBP has beta of -0.0681 suggesting as returns on benchmark increase, returns on holding Iridian U are expected to decrease at a much smaller rate. During bear market, however, Iridian U S Equity I GBP is likely to outperform the market. Additionally, Iridian U S Equity I GBP 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
Iridian U Return VolatilityIridian U S Equity I GBP accepts 3.8368% volatility on return distribution over the 30 days horizon. DOW inherits 0.4303% risk (volatility on return distribution) over the 30 days horizon.