|Horizon||30 Days Login to change|
Zacks Market Market Sensitivity
Zacks Market Neutral Technical Analysis
Zacks Market Projected Return Density Against MarketAssuming 30 trading days horizon, Zacks Market Neutral Institutional has beta of -6.0E-4 . This means as returns on benchmark increase, returns on holding Zacks Market are expected to decrease at a much smaller rate. During bear market, however, Zacks Market Neutral Institutional is likely to outperform the market. Additionally, Zacks Market Neutral Institutional has a negative alpha implying that the risk taken by holding this equity is not justified. The company is significantly underperforming DOW
Zacks Market Return VolatilityZacks Market Neutral Institutional shows 0.4396% volatility of returns over 30 trading days. DOW inherits 1.2951% risk (volatility on return distribution) over the 30 days horizon.