|Horizon||30 Days Login to change|
IE00B3CH6563 Market Sensitivity
|As returns on market increase, IE00B3CH6563 returns are expected to increase less than the market. However during bear market, the loss on holding IE00B3CH6563 will be expected to be smaller as well.One Month Beta |Analyze IE00B3CH6563 Demand TrendCheck current 30 days IE00B3CH6563 correlation with market (DOW)|
β = 0.0325
IE00B3CH6563 Technical Analysis
IE00B3CH6563 Projected Return Density Against MarketAssuming 30 trading days horizon, IE00B3CH6563 has beta of 0.0325 . This indicates as returns on market go up, IE00B3CH6563 average returns are expected to increase less than the benchmark. However during bear market, the loss on holding IE00B3CH6563 will be expected to be much smaller as well. Additionally, IE00B3CH6563 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
IE00B3CH6563 Return VolatilityIE00B3CH6563 accepts 0.0% volatility on return distribution over the 30 days horizon. DOW inherits 1.0568% risk (volatility on return distribution) over the 30 days horizon.