|Horizon||30 Days Login to change|
Davy Ethical Market Sensitivity
|As returns on market increase, returns on owning Davy Ethical are expected to decrease at a much smaller rate. During bear market, Davy Ethical is likely to outperform the market.One Month Beta |Analyze Davy Ethical Equity Demand TrendCheck current 30 days Davy Ethical correlation with market (DOW)|
β = -0.0077
Davy Ethical Central Price Deviations
Davy Ethical Equity Technical Analysis
Davy Ethical Projected Return Density Against MarketAssuming 30 trading days horizon, Davy Ethical Equity A EUR Acc has beta of -0.0077 suggesting as returns on benchmark increase, returns on holding Davy Ethical are expected to decrease at a much smaller rate. During bear market, however, Davy Ethical Equity A EUR Acc is likely to outperform the market. Moreover, Davy Ethical Equity A EUR Acc has an alpha of 0.1827 implying that it can potentially generate 0.1827% excess return over DOW after adjusting for the inherited market risk (beta).
Davy Ethical Return VolatilityDavy Ethical Equity A EUR Acc accepts 0.0% volatility on return distribution over the 30 days horizon. DOW inherits 1.2425% risk (volatility on return distribution) over the 30 days horizon.