|Horizon||30 Days Login to change|
IE00B6WG9T96 Market Sensitivity
IE00B6WG9T96 IR Technical Analysis
IE00B6WG9T96 Projected Return Density Against MarketAssuming 30 trading days horizon, IE00B6WG9T96 IR has beta of -0.1737 . This indicates as returns on benchmark increase, returns on holding IE00B6WG9T96 are expected to decrease at a much smaller rate. During bear market, however, IE00B6WG9T96 IR is likely to outperform the market. Additionally, IE00B6WG9T96 IR has a negative alpha implying that the risk taken by holding this equity is not justified. The company is significantly underperforming DOW
IE00B6WG9T96 Return VolatilityIE00B6WG9T96 IR accepts 0.0% volatility on return distribution over the 30 days horizon. DOW inherits 1.2959% risk (volatility on return distribution) over the 30 days horizon.