|Horizon||30 Days Login to change|
Plurima Apuano Market Sensitivity
|As returns on market increase, Plurima Apuano returns are expected to increase less than the market. However during bear market, the loss on holding Plurima Apuano will be expected to be smaller as well.One Month Beta |Analyze Plurima Apuano Flexible Demand TrendCheck current 30 days Plurima Apuano correlation with market (DOW)|
β = 0.0612
Plurima Apuano Flexible Technical Analysis
Plurima Apuano Projected Return Density Against MarketAssuming 30 trading days horizon, Plurima Apuano has beta of 0.0612 . This indicates as returns on market go up, Plurima Apuano average returns are expected to increase less than the benchmark. However during bear market, the loss on holding Plurima Apuano Flexible Bond A Instl will be expected to be much smaller as well. Additionally, Plurima Apuano Flexible Bond A Instl 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
Plurima Apuano Return VolatilityPlurima Apuano Flexible Bond A Instl accepts 0.0778% volatility on return distribution over the 30 days horizon. DOW inherits 0.389% risk (volatility on return distribution) over the 30 days horizon.