|Horizon||30 Days Login to change|
Majedie Asset Mgmt Technical Analysis
Majedie Asset Projected Return Density Against MarketAssuming 30 trading days horizon, Majedie Asset has beta of 0.0 . This indicates unless we do not have required data, the returns on DOW and Majedie Asset are completely uncorrelated. Furthermore, Majedie Asset Mgmt US Equity Z GBP AccIt does not look like Majedie Asset alpha can have any bearing on the equity current valuation.
Predicted Return Density
Majedie Asset Return VolatilityMajedie Asset Mgmt US Equity Z GBP Acc accepts 3.678% volatility on return distribution over the 30 days horizon. DOW inherits 1.0635% risk (volatility on return distribution) over the 30 days horizon.