|Horizon||30 Days Login to change|
Ilex Medical Market Sensitivity
|As returns on market increase, Ilex Medical returns are expected to increase less than the market. However during bear market, the loss on holding Ilex Medical will be expected to be smaller as well.One Month Beta |Analyze Ilex Medical Demand TrendCheck current 30 days Ilex Medical correlation with market (DOW)|
β = 0.1418
Ilex Medical Technical Analysis
Ilex Medical Projected Return Density Against MarketAssuming 30 trading days horizon, Ilex Medical has beta of 0.1418 . This indicates as returns on market go up, Ilex Medical average returns are expected to increase less than the benchmark. However during bear market, the loss on holding Ilex Medical Ltd will be expected to be much smaller as well. Moreover, Ilex Medical Ltd has an alpha of 0.1632 implying that it can potentially generate 0.1632% excess return over DOW after adjusting for the inherited market risk (beta).
Predicted Return Density
Ilex Medical Return VolatilityIlex Medical Ltd assumes 0.7994% volatility of returns over the 30 days investment horizon. DOW inherits 1.088% risk (volatility on return distribution) over the 30 days horizon.