|Horizon||30 Days Login to change|
B H Market Sensitivity
|As returns on market increase, returns on owning B H are expected to decrease at a much smaller rate. During bear market, B H is likely to outperform the market.One Month Beta |Analyze B H Whitestone Demand TrendCheck current 30 days B H correlation with market (DOW)|
β = -0.4236
B H Whitestone Technical Analysis
B H Projected Return Density Against MarketAssuming 30 trading days horizon, B H Whitestone Group Ltd has beta of -0.4236 . This means as returns on benchmark increase, returns on holding B H are expected to decrease at a much smaller rate. During bear market, however, B H Whitestone Group Ltd is likely to outperform the market. Moreover, B H Whitestone Group Ltd has an alpha of 0.0719 implying that it can potentially generate 0.0719% excess return over DOW after adjusting for the inherited market risk (beta).
Predicted Return Density
B H Return VolatilityB H Whitestone Group Ltd accepts 0.0% volatility on return distribution over the 30 days horizon. DOW inherits 1.023% risk (volatility on return distribution) over the 30 days horizon.