|Horizon||30 Days Login to change|
Hermes Multi Market Sensitivity
|As returns on market increase, Hermes Multi returns are expected to increase less than the market. However during bear market, the loss on holding Hermes Multi will be expected to be smaller as well.One Month Beta |Analyze Hermes Multi Strat Demand TrendCheck current 30 days Hermes Multi correlation with market (DOW)|
β = 0.0128
Hermes Multi Strat Technical Analysis
Hermes Multi Projected Return Density Against MarketAssuming 30 trading days horizon, Hermes Multi has beta of 0.0128 . This indicates as returns on market go up, Hermes Multi average returns are expected to increase less than the benchmark. However during bear market, the loss on holding Hermes Multi Strat F GBP will be expected to be much smaller as well. Additionally, Hermes Multi Strat F GBP 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
Hermes Multi Return VolatilityHermes Multi Strat F GBP accepts 0.0% volatility on return distribution over the 30 days horizon. DOW inherits 1.0603% risk (volatility on return distribution) over the 30 days horizon.