|Horizon||30 Days Login to change|
WhiteSmoke Software Market Sensitivity
WhiteSmoke Software Technical Analysis
WhiteSmoke Software Projected Return Density Against MarketAssuming 30 trading days horizon, WhiteSmoke Software Ltd has beta of -0.2164 . This means as returns on benchmark increase, returns on holding WhiteSmoke Software are expected to decrease at a much smaller rate. During bear market, however, WhiteSmoke Software Ltd is likely to outperform the market. Moreover, WhiteSmoke Software Ltd has an alpha of 0.347 implying that it can potentially generate 0.347% excess return over DOW after adjusting for the inherited market risk (beta).
WhiteSmoke Software Return VolatilityWhiteSmoke Software Ltd accepts 3.304% volatility on return distribution over the 30 days horizon. DOW inherits 1.3286% risk (volatility on return distribution) over the 30 days horizon.