|Time Horizon||30 Days Login to change|
Facebook Market Sensitivity
|As returns on market increase, Facebook returns are expected to increase less than the market. However during bear market, the loss on holding Facebook will be expected to be smaller as well.One Month Beta |Analyze Facebook Demand TrendCheck current 30 days Facebook correlation with market (DOW)|
β = 0.0028
Facebook Technical Analysis
Projected Return Density Against MarketAllowing for the 30-days total investment horizon, Facebook has beta of 0.0028 suggesting as returns on market go up, Facebook average returns are expected to increase less than the benchmark. However during bear market, the loss on holding Facebook will be expected to be much smaller as well. Moreover, Facebook has an alpha of 0.1736 implying that it can potentially generate 0.1736% excess return over DOW after adjusting for the inherited market risk (beta).
Predicted Return Density