|Horizon||30 Days Login to change|
WhiteSmoke Software Market Sensitivity
|As returns on market increase, WhiteSmoke Software returns are expected to increase less than the market. However during bear market, the loss on holding WhiteSmoke Software will be expected to be smaller as well.One Month Beta |Analyze WhiteSmoke Software Demand TrendCheck current 30 days WhiteSmoke Software correlation with market (DOW)|
β = 0.8144
WhiteSmoke Software Technical Analysis
WhiteSmoke Software Projected Return Density Against MarketAssuming 30 trading days horizon, WhiteSmoke Software has beta of 0.8144 . This means as returns on market go up, WhiteSmoke Software average returns are expected to increase less than the benchmark. However during bear market, the loss on holding WhiteSmoke Software Ltd will be expected to be much smaller as well. Moreover, WhiteSmoke Software Ltd has an alpha of 0.9441 implying that it can potentially generate 0.9441% excess return over DOW after adjusting for the inherited market risk (beta).
Predicted Return Density
WhiteSmoke Software Return VolatilityWhiteSmoke Software Ltd accepts 4.1813% volatility on return distribution over the 30 days horizon. DOW inherits 1.0404% risk (volatility on return distribution) over the 30 days horizon.