|Horizon||30 Days Login to change|
Rex Energy Market Sensitivity
|As market goes up, the company is expected to significantly outperform it. However, if the market returns are negative, Rex Energy will likely underperform.One Month Beta |Analyze Rex Energy Demand TrendCheck current 30 days Rex Energy correlation with market (DOW)|
β = 10.1556
Rex Energy Technical Analysis
Rex Energy Projected Return Density Against MarketGiven the investment horizon of 30 days, the stock has beta coefficient of 10.1556 . This implies as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are expected to be negative, Rex Energy will likely underperform. In addition to that, Rex Energy Corporation has an alpha of 6.178 implying that it can potentially generate 6.178% excess return over DOW after adjusting for the inherited market risk (beta).
Predicted Return Density
Rex Energy Return VolatilityRex Energy Corporation inherits 0.2616% risk (volatility on return distribution) over the 30 days horizon. DOW inherits 1.0603% risk (volatility on return distribution) over the 30 days horizon.