|Horizon||30 Days Login to change|
Salar E3 Market Sensitivity
|As returns on market increase, Salar E3 returns are expected to increase less than the market. However during bear market, the loss on holding Salar E3 will be expected to be smaller as well.One Month Beta |Analyze Salar E3 GBP Demand TrendCheck current 30 days Salar E3 correlation with market (DOW)|
β = 0.0656
Salar E3 GBP Technical Analysis
Salar E3 Projected Return Density Against MarketAssuming 30 trading days horizon, Salar E3 has beta of 0.0656 . This indicates as returns on market go up, Salar E3 average returns are expected to increase less than the benchmark. However during bear market, the loss on holding Salar E3 GBP will be expected to be much smaller as well. Additionally, Salar E3 GBP 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
Salar E3 Return VolatilitySalar E3 GBP accepts 0.0% volatility on return distribution over the 30 days horizon. DOW inherits 1.0479% risk (volatility on return distribution) over the 30 days horizon.