|Horizon||30 Days Login to change|
GAM Star Market Sensitivity
|As returns on market increase, returns on owning GAM Star are expected to decrease at a much smaller rate. During bear market, GAM Star is likely to outperform the market.One Month Beta |Analyze GAM Star European Demand TrendCheck current 30 days GAM Star correlation with market (DOW)|
β = -0.1801
GAM Star European Technical Analysis
GAM Star Projected Return Density Against MarketAssuming 30 trading days horizon, GAM Star European Equity EUR has beta of -0.1801 suggesting as returns on benchmark increase, returns on holding GAM Star are expected to decrease at a much smaller rate. During bear market, however, GAM Star European Equity EUR is likely to outperform the market. Moreover, GAM Star European Equity EUR has an alpha of 0.2522 implying that it can potentially generate 0.2522% excess return over DOW after adjusting for the inherited market risk (beta).
Predicted Return Density
GAM Star Return VolatilityGAM Star European Equity EUR accepts 0.4831% volatility on return distribution over the 30 days horizon. DOW inherits 1.0603% risk (volatility on return distribution) over the 30 days horizon.