|Horizon||30 Days Login to change|
ANIMA Star Market Sensitivity
|As returns on market increase, ANIMA Star returns are expected to increase less than the market. However during bear market, the loss on holding ANIMA Star will be expected to be smaller as well.One Month Beta |Analyze ANIMA Star High Demand TrendCheck current 30 days ANIMA Star correlation with market (DOW)|
β = 0.0155
ANIMA Star High Technical Analysis
ANIMA Star Projected Return Density Against MarketAssuming 30 trading days horizon, ANIMA Star has beta of 0.0155 . This indicates as returns on market go up, ANIMA Star average returns are expected to increase less than the benchmark. However during bear market, the loss on holding ANIMA Star High Potential Europe A will be expected to be much smaller as well. Moreover, ANIMA Star High Potential Europe A has an alpha of 0.0486 implying that it can potentially generate 0.0486% excess return over DOW after adjusting for the inherited market risk (beta).
Predicted Return Density
ANIMA Star Return VolatilityANIMA Star High Potential Europe A accepts 0.2015% volatility on return distribution over the 30 days horizon. DOW inherits 1.088% risk (volatility on return distribution) over the 30 days horizon.