|Horizon||30 Days Login to change|
New Capital Market Sensitivity
|As returns on market increase, New Capital returns are expected to increase less than the market. However during bear market, the loss on holding New Capital will be expected to be smaller as well.One Month Beta |Analyze New Capital Dynamic Demand TrendCheck current 30 days New Capital correlation with market (DOW)|
β = 0.1242
New Capital Dynamic Technical Analysis
New Capital Projected Return Density Against MarketAssuming 30 trading days horizon, New Capital has beta of 0.1242 . This indicates as returns on market go up, New Capital average returns are expected to increase less than the benchmark. However during bear market, the loss on holding New Capital Dynamic European Eq USD Ord will be expected to be much smaller as well. Moreover, New Capital Dynamic European Eq USD Ord has an alpha of 0.144 implying that it can potentially generate 0.144% excess return over DOW after adjusting for the inherited market risk (beta).
Predicted Return Density
New Capital Return VolatilityNew Capital Dynamic European Eq USD Ord accepts 0.6234% volatility on return distribution over the 30 days horizon. DOW inherits 0.4168% risk (volatility on return distribution) over the 30 days horizon.