|Horizon||30 Days Login to change|
Babson Capital Market Sensitivity
|As returns on market increase, returns on owning Babson Capital are expected to decrease at a much smaller rate. During bear market, Babson Capital is likely to outperform the market.One Month Beta |Analyze Babson Capital Glbl Demand TrendCheck current 30 days Babson Capital correlation with market (DOW)|
β = -0.0177
Babson Capital Glbl Technical Analysis
Babson Capital Projected Return Density Against MarketAssuming 30 trading days horizon, Babson Capital Glbl HY Bd A USD Acc has beta of -0.0177 suggesting as returns on benchmark increase, returns on holding Babson Capital are expected to decrease at a much smaller rate. During bear market, however, Babson Capital Glbl HY Bd A USD Acc is likely to outperform the market. Moreover, Babson Capital Glbl HY Bd A USD Acc has an alpha of 0.0423 implying that it can potentially generate 0.0423% excess return over DOW after adjusting for the inherited market risk (beta).
Predicted Return Density
Babson Capital Return VolatilityBabson Capital Glbl HY Bd A USD Acc accepts 0.4407% volatility on return distribution over the 30 days horizon. DOW inherits 1.0373% risk (volatility on return distribution) over the 30 days horizon.