|Horizon||30 Days Login to change|
Lyxor Stoxx Market Sensitivity
|As returns on market increase, Lyxor Stoxx returns are expected to increase less than the market. However during bear market, the loss on holding Lyxor Stoxx will be expected to be smaller as well.One Month Beta |Analyze Lyxor Stoxx Europe Demand TrendCheck current 30 days Lyxor Stoxx correlation with market (DOW)|
β = 0.0048
Lyxor Stoxx Europe Technical Analysis
Lyxor Stoxx Projected Return Density Against MarketAssuming 30 trading days horizon, Lyxor Stoxx has beta of 0.0048 indicating as returns on market go up, Lyxor Stoxx average returns are expected to increase less than the benchmark. However during bear market, the loss on holding Lyxor Stoxx Europe 600 TrvlLsr ETF AI will be expected to be much smaller as well. Moreover, Lyxor Stoxx Europe 600 TrvlLsr ETF AI has an alpha of 0.0158 implying that it can potentially generate 0.0158% excess return over DOW after adjusting for the inherited market risk (beta).
Predicted Return Density
Lyxor Stoxx Return VolatilityLyxor Stoxx Europe 600 TrvlLsr ETF AI 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.