|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 = 0.2893
Mercer Passive Global Technical Analysis
Mercer Passive Projected Return Density Against MarketAssuming 30 trading days horizon, Mercer Passive has beta of 0.2893 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 Equity Z 1 will be expected to be much smaller as well. Moreover, Mercer Passive Global Equity Z 1 has an alpha of 0.6639 implying that it can potentially generate 0.6639% excess return over DOW after adjusting for the inherited market risk (beta).
Predicted Return Density
Mercer Passive Return VolatilityMercer Passive Global Equity Z 1 accepts 5.4106% volatility on return distribution over the 30 days horizon. DOW inherits 1.0565% risk (volatility on return distribution) over the 30 days horizon.