|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 DWS Demand TrendCheck current 30 days Mediolanum correlation with market (DOW)|
β = -0.0188
Mediolanum BB DWS Technical Analysis
Mediolanum Projected Return Density Against MarketAssuming 30 trading days horizon, Mediolanum BB DWS MegaTrend Select L A has beta of -0.0188 . 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 DWS MegaTrend Select L A is likely to outperform the market. Moreover, Mediolanum BB DWS MegaTrend Select L A has an alpha of 0.0974 implying that it can potentially generate 0.0974% excess return over DOW after adjusting for the inherited market risk (beta).
Predicted Return Density
Mediolanum Return VolatilityMediolanum BB DWS MegaTrend Select L A accepts 0.0% volatility on return distribution over the 30 days horizon. DOW inherits 0.389% risk (volatility on return distribution) over the 30 days horizon.