|Horizon||30 Days Login to change|
Charlemagne Magna Market Sensitivity
|As returns on market increase, Charlemagne Magna returns are expected to increase less than the market. However during bear market, the loss on holding Charlemagne Magna will be expected to be smaller as well.One Month Beta |Analyze Charlemagne Magna Demand TrendCheck current 30 days Charlemagne Magna correlation with market (DOW)|
β = 0.5447
Charlemagne Magna Technical Analysis
Charlemagne Magna Projected Return Density Against MarketAssuming 30 trading days horizon, Charlemagne Magna has beta of 0.5447 suggesting as returns on market go up, Charlemagne Magna average returns are expected to increase less than the benchmark. However during bear market, the loss on holding Charlemagne Magna Africa C will be expected to be much smaller as well. Additionally, Charlemagne Magna Africa C 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
Charlemagne Magna Return VolatilityCharlemagne Magna Africa C accepts 4.9553% volatility on return distribution over the 30 days horizon. DOW inherits 0.3914% risk (volatility on return distribution) over the 30 days horizon.