|Horizon||30 Days Login to change|
IE00BTFRDZ46 Market Sensitivity
|As returns on market increase, IE00BTFRDZ46 returns are expected to increase less than the market. However during bear market, the loss on holding IE00BTFRDZ46 will be expected to be smaller as well.One Month Beta |Analyze IE00BTFRDZ46 IR Demand TrendCheck current 30 days IE00BTFRDZ46 correlation with market (DOW)|
β = 0.0075
IE00BTFRDZ46 IR Technical Analysis
IE00BTFRDZ46 Projected Return Density Against MarketAssuming 30 trading days horizon, IE00BTFRDZ46 has beta of 0.0075 . This indicates as returns on market go up, IE00BTFRDZ46 average returns are expected to increase less than the benchmark. However during bear market, the loss on holding IE00BTFRDZ46 IR will be expected to be much smaller as well. Additionally, IE00BTFRDZ46 IR 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
IE00BTFRDZ46 Return VolatilityIE00BTFRDZ46 IR accepts 0.0% volatility on return distribution over the 30 days horizon. DOW inherits 1.0565% risk (volatility on return distribution) over the 30 days horizon.