|Horizon||30 Days Login to change|
Mercer Passive Market Sensitivity
|As returns on market increase, returns on owning Mercer Passive are expected to decrease at a much smaller rate. During bear market, Mercer Passive is likely to outperform the market.One Month Beta |Analyze Mercer Passive Em Demand TrendCheck current 30 days Mercer Passive correlation with market (DOW)|
β = -0.0303
Mercer Passive Em Technical Analysis
Mercer Passive Projected Return Density Against MarketAssuming 30 trading days horizon, Mercer Passive Em Mkts Eq M 6 has beta of -0.0303 . This indicates as returns on benchmark increase, returns on holding Mercer Passive are expected to decrease at a much smaller rate. During bear market, however, Mercer Passive Em Mkts Eq M 6 is likely to outperform the market. Additionally, Mercer Passive Em Mkts Eq M 6 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
Mercer Passive Return VolatilityMercer Passive Em Mkts Eq M 6 accepts 0.0% volatility on return distribution over the 30 days horizon. DOW inherits 1.0678% risk (volatility on return distribution) over the 30 days horizon.