|Horizon||30 Days Login to change|
Tokio Marine Market Sensitivity
|As returns on market increase, Tokio Marine returns are expected to increase less than the market. However during bear market, the loss on holding Tokio Marine will be expected to be smaller as well.One Month Beta |Analyze Tokio Marine Japanese Demand TrendCheck current 30 days Tokio Marine correlation with market (DOW)|
β = 0.1794
Tokio Marine Japanese Technical Analysis
Tokio Marine Projected Return Density Against MarketAssuming 30 trading days horizon, Tokio Marine has beta of 0.1794 suggesting as returns on market go up, Tokio Marine average returns are expected to increase less than the benchmark. However during bear market, the loss on holding Tokio Marine Japanese Equity Focus M Hdg will be expected to be much smaller as well. Moreover, Tokio Marine Japanese Equity Focus M Hdg has an alpha of 0.0023 implying that it can potentially generate 0.0023% excess return over DOW after adjusting for the inherited market risk (beta).
Predicted Return Density
Tokio Marine Return VolatilityTokio Marine Japanese Equity Focus M Hdg accepts 4.4413% volatility on return distribution over the 30 days horizon. DOW inherits 1.0479% risk (volatility on return distribution) over the 30 days horizon.