|Horizon||30 Days Login to change|
Davy Ethical Market Sensitivity
|As returns on market increase, Davy Ethical returns are expected to increase less than the market. However during bear market, the loss on holding Davy Ethical will be expected to be smaller as well.One Month Beta |Analyze Davy Ethical Equity Demand TrendCheck current 30 days Davy Ethical correlation with market (DOW)|
β = 0.0827
Davy Ethical Equity Technical Analysis
Davy Ethical Projected Return Density Against MarketAssuming 30 trading days horizon, Davy Ethical has beta of 0.0827 suggesting as returns on market go up, Davy Ethical average returns are expected to increase less than the benchmark. However during bear market, the loss on holding Davy Ethical Equity A EUR Acc will be expected to be much smaller as well. Moreover, Davy Ethical Equity A EUR Acc has an alpha of 0.1506 implying that it can potentially generate 0.1506% excess return over DOW after adjusting for the inherited market risk (beta).
Predicted Return Density
Davy Ethical Return VolatilityDavy Ethical Equity A EUR Acc accepts 0.9337% volatility on return distribution over the 30 days horizon. DOW inherits 0.4487% risk (volatility on return distribution) over the 30 days horizon.