|Horizon||30 Days Login to change|
Mercer Low Market Sensitivity
|As returns on market increase, returns on owning Mercer Low are expected to decrease at a much smaller rate. During bear market, Mercer Low is likely to outperform the market.One Month Beta |Analyze Mercer Low Volatility Demand TrendCheck current 30 days Mercer Low correlation with market (DOW)|
β = -0.0612
Mercer Low Volatility Technical Analysis
Mercer Low Projected Return Density Against MarketAssuming 30 trading days horizon, Mercer Low Volatility Equity M 5 Hdg has beta of -0.0612 . This indicates as returns on benchmark increase, returns on holding Mercer Low are expected to decrease at a much smaller rate. During bear market, however, Mercer Low Volatility Equity M 5 Hdg is likely to outperform the market. Moreover, Mercer Low Volatility Equity M 5 Hdg has an alpha of 0.2149 implying that it can potentially generate 0.2149% excess return over DOW after adjusting for the inherited market risk (beta).
Predicted Return Density
Mercer Low Return VolatilityMercer Low Volatility Equity M 5 Hdg accepts 0.4526% volatility on return distribution over the 30 days horizon. DOW inherits 0.444% risk (volatility on return distribution) over the 30 days horizon.