|Horizon||30 Days Login to change|
Mediolanum Market Sensitivity
|As returns on market increase, returns on owning Mediolanum are expected to decrease at a much smaller rate. During bear market, Mediolanum is likely to outperform the market.One Month Beta |Analyze Mediolanum BB JPMorgan Demand TrendCheck current 30 days Mediolanum correlation with market (DOW)|
β = -0.2177
Mediolanum BB JPMorgan Technical Analysis
Mediolanum Projected Return Density Against MarketAssuming 30 trading days horizon, Mediolanum BB JPMorgan Glbl Sel S A has beta of -0.2177 . This indicates as returns on benchmark increase, returns on holding Mediolanum are expected to decrease at a much smaller rate. During bear market, however, Mediolanum BB JPMorgan Glbl Sel S A is likely to outperform the market. Moreover, Mediolanum BB JPMorgan Glbl Sel S A has an alpha of 0.0933 implying that it can potentially generate 0.0933% excess return over DOW after adjusting for the inherited market risk (beta).
Predicted Return Density
Mediolanum Return VolatilityMediolanum BB JPMorgan Glbl Sel S A accepts 0.0% volatility on return distribution over the 30 days horizon. DOW inherits 0.4541% risk (volatility on return distribution) over the 30 days horizon.