|Horizon||30 Days Login to change|
CCA Industries Market Sensitivity
|As returns on market increase, CCA Industries returns are expected to increase less than the market. However during bear market, the loss on holding CCA Industries will be expected to be smaller as well.One Month Beta |Analyze CCA Industries Demand TrendCheck current 30 days CCA Industries correlation with market (DOW)|
β = 0.2255
CCA Industries Technical Analysis
CCA Industries Projected Return Density Against MarketConsidering 30-days investment horizon, CCA Industries has beta of 0.2255 . This suggests as returns on market go up, CCA Industries average returns are expected to increase less than the benchmark. However during bear market, the loss on holding CCA Industries will be expected to be much smaller as well. Additionally, CCA Industries has a negative alpha implying that the risk taken by holding this equity is not justified. The company is significantly underperforming DOW
Predicted Return Density
CCA Industries Return VolatilityCCA Industries has volatility of 3.4801% on return distribution over 30 days investment horizon. DOW inherits 0.3914% risk (volatility on return distribution) over the 30 days horizon.