|Horizon||30 Days Login to change|
Glanbia plc Market Sensitivity
|As returns on market increase, Glanbia plc returns are expected to increase less than the market. However during bear market, the loss on holding Glanbia plc will be expected to be smaller as well.One Month Beta |Analyze Glanbia plc Demand TrendCheck current 30 days Glanbia plc correlation with market (DOW)|
β = 0.7976
Glanbia plc Technical Analysis
Glanbia plc Projected Return Density Against MarketAssuming 30 trading days horizon, Glanbia plc has beta of 0.7976 . This indicates as returns on market go up, Glanbia plc average returns are expected to increase less than the benchmark. However during bear market, the loss on holding Glanbia plc will be expected to be much smaller as well. Moreover, Glanbia plc has an alpha of 0.1941 implying that it can potentially generate 0.1941% excess return over DOW after adjusting for the inherited market risk (beta).
Predicted Return Density
Glanbia plc Return VolatilityGlanbia plc assumes 1.6703% volatility of returns over the 30 days investment horizon. DOW inherits 1.0404% risk (volatility on return distribution) over the 30 days horizon.