|Horizon||30 Days Login to change|
IE00BHZKHW42 Market Sensitivity
|As returns on market increase, IE00BHZKHW42 returns are expected to increase less than the market. However during bear market, the loss on holding IE00BHZKHW42 will be expected to be smaller as well.One Month Beta |Analyze IE00BHZKHW42 Demand TrendCheck current 30 days IE00BHZKHW42 correlation with market (DOW)|
β = 0.0182
IE00BHZKHW42 Technical Analysis
IE00BHZKHW42 Projected Return Density Against MarketAssuming 30 trading days horizon, IE00BHZKHW42 has beta of 0.0182 . This indicates as returns on market go up, IE00BHZKHW42 average returns are expected to increase less than the benchmark. However during bear market, the loss on holding IE00BHZKHW42 will be expected to be much smaller as well. Additionally, IE00BHZKHW42 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
IE00BHZKHW42 Return VolatilityIE00BHZKHW42 accepts 0.0% volatility on return distribution over the 30 days horizon. DOW inherits 0.444% risk (volatility on return distribution) over the 30 days horizon.