|Horizon||30 Days Login to change|
IE00B45KP075 Market Sensitivity
|As returns on market increase, returns on owning IE00B45KP075 are expected to decrease at a much smaller rate. During bear market, IE00B45KP075 is likely to outperform the market.One Month Beta |Analyze IE00B45KP075 IR Demand TrendCheck current 30 days IE00B45KP075 correlation with market (DOW)|
β = -0.0102
IE00B45KP075 IR Technical Analysis
IE00B45KP075 Projected Return Density Against MarketAssuming 30 trading days horizon, IE00B45KP075 IR has beta of -0.0102 . This indicates as returns on benchmark increase, returns on holding IE00B45KP075 are expected to decrease at a much smaller rate. During bear market, however, IE00B45KP075 IR is likely to outperform the market. Additionally, IE00B45KP075 IR 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
IE00B45KP075 Return VolatilityIE00B45KP075 IR accepts 0.3542% volatility on return distribution over the 30 days horizon. DOW inherits 0.4303% risk (volatility on return distribution) over the 30 days horizon.