|Horizon||30 Days Login to change|
GS USD Market Sensitivity
|As returns on market increase, returns on owning GS USD are expected to decrease at a much smaller rate. During bear market, GS USD is likely to outperform the market.One Month Beta |Analyze GS USD Liquid Demand TrendCheck current 30 days GS USD correlation with market (DOW)|
β = -9.0E-4
GS USD Liquid Technical Analysis
GS USD Projected Return Density Against MarketAssuming 30 trading days horizon, GS USD Liquid Reserve Adm Acc has beta of -9.0E-4 . This indicates as returns on benchmark increase, returns on holding GS USD are expected to decrease at a much smaller rate. During bear market, however, GS USD Liquid Reserve Adm Acc is likely to outperform the market. Moreover, GS USD Liquid Reserve Adm Acc has an alpha of 0.0061 implying that it can potentially generate 0.0061% excess return over DOW after adjusting for the inherited market risk (beta).
Predicted Return Density
GS USD Return VolatilityGS USD Liquid Reserve Adm Acc accepts 0.0049% volatility on return distribution over the 30 days horizon. DOW inherits 0.4168% risk (volatility on return distribution) over the 30 days horizon.