|Horizon||30 Days Login to change|
Charlemagne Magna Market Sensitivity
|As returns on market increase, returns on owning Charlemagne Magna are expected to decrease at a much smaller rate. During bear market, Charlemagne Magna is likely to outperform the market.One Month Beta |Analyze Charlemagne Magna Demand TrendCheck current 30 days Charlemagne Magna correlation with market (DOW)|
β = -0.7616
Charlemagne Magna Technical Analysis
Charlemagne Magna Projected Return Density Against MarketAssuming 30 trading days horizon, Charlemagne Magna Africa C has beta of -0.7616 suggesting as returns on benchmark increase, returns on holding Charlemagne Magna are expected to decrease at a much smaller rate. During bear market, however, Charlemagne Magna Africa C is likely to outperform the market. 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
Charlemagne Magna Return VolatilityCharlemagne Magna Africa C accepts 0.0% volatility on return distribution over the 30 days horizon. DOW inherits 1.211% risk (volatility on return distribution) over the 30 days horizon.