|Horizon||30 Days Login to change|
GlobalAccess Market Sensitivity
|As returns on market increase, returns on owning GlobalAccess are expected to decrease at a much smaller rate. During bear market, GlobalAccess is likely to outperform the market.One Month Beta |Analyze GlobalAccess UK Alpha Demand TrendCheck current 30 days GlobalAccess correlation with market (DOW)|
β = -0.2252
GlobalAccess UK Alpha Technical Analysis
GlobalAccess Projected Return Density Against MarketAssuming 30 trading days horizon, GlobalAccess UK Alpha I has beta of -0.2252 . This indicates as returns on benchmark increase, returns on holding GlobalAccess are expected to decrease at a much smaller rate. During bear market, however, GlobalAccess UK Alpha I is likely to outperform the market. Additionally, GlobalAccess UK Alpha I 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
GlobalAccess Return VolatilityGlobalAccess UK Alpha I accepts 0.7945% volatility on return distribution over the 30 days horizon. DOW inherits 1.0603% risk (volatility on return distribution) over the 30 days horizon.