|Horizon||30 Days Login to change|
Williamson Magor Market Sensitivity
|As returns on market increase, returns on owning Williamson Magor are expected to decrease by larger amounts. On the other hand, during market turmoil, Williamson Magor is expected to significantly outperform it.One Month Beta |Analyze Williamson Magor Demand TrendCheck current 30 days Williamson Magor correlation with market (DOW)|
β = -1.9156
Williamson Magor Technical Analysis
Williamson Magor Projected Return Density Against MarketAssuming 30 trading days horizon, Williamson Magor Co Limited has beta of -1.9156 . This means as returns on its benchmark rise, returns on holding Williamson Magor Co Limited are expected to decrease by similarly larger amounts. On the other hand, during market turmoils, Williamson Magor is expected to outperform its benchmark. Moreover, Williamson Magor Co Limited has an alpha of 0.7654 implying that it can potentially generate 0.7654% excess return over DOW after adjusting for the inherited market risk (beta).
Predicted Return Density
Williamson Magor Return VolatilityWilliamson Magor Co Limited accepts 9.3644% volatility on return distribution over the 30 days horizon. DOW inherits 0.4168% risk (volatility on return distribution) over the 30 days horizon.