|Horizon||30 Days Login to change|
Mercator Market Sensitivity
|As returns on market increase, returns on owning Mercator are expected to decrease at a much smaller rate. During bear market, Mercator is likely to outperform the market.One Month Beta |Analyze Mercator Limited Demand TrendCheck current 30 days Mercator correlation with market (DOW)|
β = -0.7869
Mercator Limited Technical Analysis
Mercator Projected Return Density Against MarketAssuming 30 trading days horizon, Mercator Limited has beta of -0.7869 indicating as returns on benchmark increase, returns on holding Mercator are expected to decrease at a much smaller rate. During bear market, however, Mercator Limited is likely to outperform the market. Additionally, Mercator Limited 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
Mercator Return VolatilityMercator Limited accepts 4.1545% volatility on return distribution over the 30 days horizon. DOW inherits 0.444% risk (volatility on return distribution) over the 30 days horizon.