|Horizon||30 Days Login to change|
Sanlam BIFM Market Sensitivity
|As returns on market increase, Sanlam BIFM returns are expected to increase less than the market. However during bear market, the loss on holding Sanlam BIFM will be expected to be smaller as well.One Month Beta |Analyze Sanlam BIFM World Demand TrendCheck current 30 days Sanlam BIFM correlation with market (DOW)|
β = 0.3649
Sanlam BIFM World Technical Analysis
Sanlam BIFM Projected Return Density Against MarketAssuming 30 trading days horizon, Sanlam BIFM has beta of 0.3649 . This indicates as returns on market go up, Sanlam BIFM average returns are expected to increase less than the benchmark. However during bear market, the loss on holding Sanlam BIFM World Equity A USD Acc will be expected to be much smaller as well. Additionally, Sanlam BIFM World Equity A USD Acc 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
Sanlam BIFM Return VolatilitySanlam BIFM World Equity A USD Acc accepts 0.8404% volatility on return distribution over the 30 days horizon. DOW inherits 0.4487% risk (volatility on return distribution) over the 30 days horizon.