|Horizon||30 Days Login to change|
SBI Magnum Market Sensitivity
|As returns on market increase, SBI Magnum returns are expected to increase less than the market. However during bear market, the loss on holding SBI Magnum will be expected to be smaller as well.One Month Beta |Analyze SBI Magnum Multiplier Demand TrendCheck current 30 days SBI Magnum correlation with market (DOW)|
β = 0.4415
SBI Magnum Multiplier Technical Analysis
SBI Magnum Projected Return Density Against MarketAssuming 30 trading days horizon, SBI Magnum has beta of 0.4415 . This suggests as returns on market go up, SBI Magnum average returns are expected to increase less than the benchmark. However during bear market, the loss on holding SBI Magnum Multiplier Fund Reg Gr will be expected to be much smaller as well. Additionally, SBI Magnum Multiplier Fund Reg Gr 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
SBI Magnum Return VolatilitySBI Magnum Multiplier Fund Reg Gr accepts 0.4883% volatility on return distribution over the 30 days horizon. DOW inherits 0.4487% risk (volatility on return distribution) over the 30 days horizon.