|Horizon||30 Days Login to change|
Old Mutual Market Sensitivity
|As returns on market increase, returns on owning Old Mutual are expected to decrease at a much smaller rate. During bear market, Old Mutual is likely to outperform the market.One Month Beta |Analyze Old Mutual World Demand TrendCheck current 30 days Old Mutual correlation with market (DOW)|
β = -0.5708
Old Mutual World Technical Analysis
Old Mutual Projected Return Density Against MarketAssuming 30 trading days horizon, Old Mutual World Equity A EUR Acc has beta of -0.5708 suggesting as returns on benchmark increase, returns on holding Old Mutual are expected to decrease at a much smaller rate. During bear market, however, Old Mutual World Equity A EUR Acc is likely to outperform the market. Moreover, Old Mutual World Equity A EUR Acc has an alpha of 0.5766 implying that it can potentially generate 0.5766% excess return over DOW after adjusting for the inherited market risk (beta).
Predicted Return Density
Old Mutual Return VolatilityOld Mutual World Equity A EUR Acc accepts 0.5727% volatility on return distribution over the 30 days horizon. DOW inherits 0.4529% risk (volatility on return distribution) over the 30 days horizon.