|Horizon||30 Days Login to change|
Zacks Market Neutral Technical Analysis
Zacks Market Projected Return Density Against MarketAssuming 30 trading days horizon, Zacks Market has beta of 0.0 . This means unless we do not have required data, the returns on DOW and Zacks Market are completely uncorrelated. Furthermore, Zacks Market Neutral CIt does not look like Zacks Market alpha can have any bearing on the equity current valuation.
Predicted Return Density
Zacks Market Return VolatilityZacks Market Neutral C shows 0.0% volatility of returns over 30 trading days. DOW inherits 0.3625% risk (volatility on return distribution) over the 30 days horizon.