|Horizon||30 Days Login to change|
Davy Defensive Market Sensitivity
|As market goes up, the company is expected to significantly outperform it. However, if the market returns are negative, Davy Defensive will likely underperform.One Month Beta |Analyze Davy Defensive Equity Demand TrendCheck current 30 days Davy Defensive correlation with market (DOW)|
β = 95.0
Davy Defensive Equity Technical Analysis
Davy Defensive Projected Return Density Against MarketAssuming 30 trading days horizon, the fund has beta coefficient of 95.0 . This indicates as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are expected to be negative, Davy Defensive will likely underperform. In addition to that, Davy Defensive Equityome H GBP has an alpha of 923.0907 implying that it can potentially generate 923.0907% excess return over DOW after adjusting for the inherited market risk (beta).
Predicted Return Density
Davy Defensive Return VolatilityDavy Defensive Equityome H GBP accepts 0.0% volatility on return distribution over the 30 days horizon. DOW inherits 1.0565% risk (volatility on return distribution) over the 30 days horizon.