|Horizon||30 Days Login to change|
Perkins Global Market Sensitivity
|As returns on market increase, returns on owning Perkins Global are expected to decrease at a much smaller rate. During bear market, Perkins Global is likely to outperform the market.One Month Beta |Analyze Perkins Global Value Demand TrendCheck current 30 days Perkins Global correlation with market (DOW)|
β = -0.03
Perkins Global Value Technical Analysis
Perkins Global Projected Return Density Against MarketAssuming 30 trading days horizon, Perkins Global Value A EUR Acc Hedged has beta of -0.03 . This indicates as returns on benchmark increase, returns on holding Perkins Global are expected to decrease at a much smaller rate. During bear market, however, Perkins Global Value A EUR Acc Hedged is likely to outperform the market. Additionally, Perkins Global Value A EUR Acc Hedged 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
Perkins Global Return VolatilityPerkins Global Value A EUR Acc Hedged accepts 0.6648% volatility on return distribution over the 30 days horizon. DOW inherits 1.0678% risk (volatility on return distribution) over the 30 days horizon.