|Horizon||30 Days Login to change|
Russell Multi Market Sensitivity
|As returns on market increase, returns on owning Russell Multi are expected to decrease at a much smaller rate. During bear market, Russell Multi is likely to outperform the market.One Month Beta |Analyze Russell Multi Asset Demand TrendCheck current 30 days Russell Multi correlation with market (DOW)|
β = -0.0159
Russell Multi Asset Technical Analysis
Russell Multi Projected Return Density Against MarketAssuming 30 trading days horizon, Russell Multi Asset 70 B Acc has beta of -0.0159 . This indicates as returns on benchmark increase, returns on holding Russell Multi are expected to decrease at a much smaller rate. During bear market, however, Russell Multi Asset 70 B Acc is likely to outperform the market. Additionally, Russell Multi Asset 70 B Acc 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
Russell Multi Return VolatilityRussell Multi Asset 70 B Acc accepts 0.0% volatility on return distribution over the 30 days horizon. DOW inherits 1.0434% risk (volatility on return distribution) over the 30 days horizon.