|Horizon||30 Days Login to change|
Mercator Market Sensitivity
Mercator Limited Technical Analysis
Mercator Projected Return Density Against MarketAssuming 30 trading days horizon, Mercator has beta of 0.4022 indicating as returns on market go up, Mercator average returns are expected to increase less than the benchmark. However during bear market, the loss on holding Mercator Limited will be expected to be much smaller as well. In addition to that, Mercator Limited has an alpha of 1.0749 implying that it can potentially generate 1.0749% excess return over DOW after adjusting for the inherited market risk (beta).
Mercator Return VolatilityMercator Limited accepts 6.0739% volatility on return distribution over the 30 days horizon. DOW inherits 1.3198% risk (volatility on return distribution) over the 30 days horizon.