|Horizon||30 Days Login to change|
Nomura Cross Market Sensitivity
|As returns on market increase, returns on owning Nomura Cross are expected to decrease at a much smaller rate. During bear market, Nomura Cross is likely to outperform the market.One Month Beta |Analyze Nomura Cross Asst Demand TrendCheck current 30 days Nomura Cross correlation with market (DOW)|
β = -0.086
Nomura Cross Asst Technical Analysis
Nomura Cross Projected Return Density Against MarketAssuming 30 trading days horizon, Nomura Cross Asst Mom UCITS I USD has beta of -0.086 . This indicates as returns on benchmark increase, returns on holding Nomura Cross are expected to decrease at a much smaller rate. During bear market, however, Nomura Cross Asst Mom UCITS I USD is likely to outperform the market. Additionally, Nomura Cross Asst Mom UCITS I USD 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
Nomura Cross Return VolatilityNomura Cross Asst Mom UCITS I USD accepts 0.0% volatility on return distribution over the 30 days horizon. DOW inherits 1.0609% risk (volatility on return distribution) over the 30 days horizon.