|Horizon||30 Days Login to change|
Davy UK Market Sensitivity
|As returns on market increase, returns on owning Davy UK are expected to decrease at a much smaller rate. During bear market, Davy UK is likely to outperform the market.One Month Beta |Analyze Davy UK GPS Demand TrendCheck current 30 days Davy UK correlation with market (DOW)|
β = -0.0574
Davy UK GPS Technical Analysis
Davy UK Projected Return Density Against MarketAssuming 30 trading days horizon, Davy UK GPS Cautious Growth A GBP Acc has beta of -0.0574 suggesting as returns on benchmark increase, returns on holding Davy UK are expected to decrease at a much smaller rate. During bear market, however, Davy UK GPS Cautious Growth A GBP Acc is likely to outperform the market. Additionally, Davy UK GPS Cautious Growth A GBP Acc has a negative alpha implying that the risk taken by holding this equity is not justified. The company is significantly underperforming DOW
Predicted Return Density
Davy UK Return VolatilityDavy UK GPS Cautious Growth A GBP Acc accepts 0.6872% volatility on return distribution over the 30 days horizon. DOW inherits 1.0565% risk (volatility on return distribution) over the 30 days horizon.