|Horizon||30 Days Login to change|
New Capital Market Sensitivity
|As returns on market increase, returns on owning New Capital are expected to decrease at a much smaller rate. During bear market, New Capital is likely to outperform the market.One Month Beta |Analyze New Capital Dynamic Demand TrendCheck current 30 days New Capital correlation with market (DOW)|
β = -0.0372
New Capital Dynamic Technical Analysis
New Capital Projected Return Density Against MarketAssuming 30 trading days horizon, New Capital Dynamic European Eq USD Ord has beta of -0.0372 . This indicates as returns on benchmark increase, returns on holding New Capital are expected to decrease at a much smaller rate. During bear market, however, New Capital Dynamic European Eq USD Ord is likely to outperform the market. Moreover, New Capital Dynamic European Eq USD Ord has an alpha of 0.1563 implying that it can potentially generate 0.1563% excess return over DOW after adjusting for the inherited market risk (beta).
New Capital Return VolatilityNew Capital Dynamic European Eq USD Ord accepts 0.0% volatility on return distribution over the 30 days horizon. DOW inherits 1.211% risk (volatility on return distribution) over the 30 days horizon.