|Horizon||30 Days Login to change|
Russell Multi Market Sensitivity
|As returns on market increase, Russell Multi returns are expected to increase less than the market. However during bear market, the loss on holding Russell Multi will be expected to be smaller as well.One Month Beta |Analyze Russell Multi Asset Demand TrendCheck current 30 days Russell Multi correlation with market (DOW)|
β = 0.0372
Russell Multi Asset Technical Analysis
Russell Multi Projected Return Density Against MarketAssuming 30 trading days horizon, Russell Multi has beta of 0.0372 . This indicates as returns on market go up, Russell Multi average returns are expected to increase less than the benchmark. However during bear market, the loss on holding Russell Multi Asset Defensive A Acc will be expected to be much smaller as well. Additionally, Russell Multi Asset Defensive A 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 Defensive A Acc accepts 0.0931% volatility on return distribution over the 30 days horizon. DOW inherits 0.4529% risk (volatility on return distribution) over the 30 days horizon.