|Horizon||30 Days Login to change|
Facebook Market Sensitivity
|As returns on market increase, returns on owning Facebook are expected to decrease at a much smaller rate. During bear market, Facebook is likely to outperform the market.One Month Beta |Analyze Facebook Demand TrendCheck current 30 days Facebook correlation with market (DOW)|
β = -0.4597
Facebook Technical Analysis
Facebook Projected Return Density Against MarketAllowing for the 30-days total investment horizon, Facebook has beta of -0.4597 suggesting as returns on benchmark increase, returns on holding Facebook are expected to decrease at a much smaller rate. During bear market, however, Facebook is likely to outperform the market. Additionally, Facebook 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
Facebook Return VolatilityFacebook accepts 1.6065% volatility on return distribution over the 30 days horizon. DOW inherits 0.3947% risk (volatility on return distribution) over the 30 days horizon.