|Horizon||30 Days Login to change|
IE00B01ZS211 Market Sensitivity
|As returns on market increase, IE00B01ZS211 returns are expected to increase less than the market. However during bear market, the loss on holding IE00B01ZS211 will be expected to be smaller as well.One Month Beta |Analyze IE00B01ZS211 Demand TrendCheck current 30 days IE00B01ZS211 correlation with market (DOW)|
β = 0.0019
IE00B01ZS211 Technical Analysis
IE00B01ZS211 Projected Return Density Against MarketAssuming 30 trading days horizon, IE00B01ZS211 has beta of 0.0019 . This indicates as returns on market go up, IE00B01ZS211 average returns are expected to increase less than the benchmark. However during bear market, the loss on holding IE00B01ZS211 will be expected to be much smaller as well. Additionally, IE00B01ZS211 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
IE00B01ZS211 Return VolatilityIE00B01ZS211 accepts 0.0% volatility on return distribution over the 30 days horizon. DOW inherits 1.0479% risk (volatility on return distribution) over the 30 days horizon.