|Horizon||30 Days Login to change|
Bharat Immunologicals Market Sensitivity
|As returns on market increase, Bharat Immunologicals returns are expected to increase less than the market. However during bear market, the loss on holding Bharat Immunologicals will be expected to be smaller as well.One Month Beta |Analyze Bharat Immunologicals Demand TrendCheck current 30 days Bharat Immunologicals correlation with market (DOW)|
β = 0.4241
Bharat Immunologicals Central Daily Price Deviation
Bharat Immunologicals Technical Analysis
Bharat Immunologicals Projected Return Density Against MarketAssuming 30 trading days horizon, Bharat Immunologicals has beta of 0.4241 . This suggests as returns on market go up, Bharat Immunologicals average returns are expected to increase less than the benchmark. However during bear market, the loss on holding Bharat Immunologicals Biologicals Corp Ltd will be expected to be much smaller as well. Moreover, Bharat Immunologicals Biologicals Corp Ltd has an alpha of 0.1113 implying that it can potentially generate 0.1113% excess return over DOW after adjusting for the inherited market risk (beta).
Bharat Immunologicals Return VolatilityBharat Immunologicals Biologicals Corp Ltd accepts 4.0796% volatility on return distribution over the 30 days horizon. DOW inherits 1.1939% risk (volatility on return distribution) over the 30 days horizon.