|Horizon||30 Days Login to change|
Kotak Classic Market Sensitivity
|As returns on market increase, Kotak Classic returns are expected to increase less than the market. However during bear market, the loss on holding Kotak Classic will be expected to be smaller as well.One Month Beta |Analyze Kotak Classic Equity Demand TrendCheck current 30 days Kotak Classic correlation with market (DOW)|
β = 0.3309
Kotak Classic Equity Technical Analysis
Kotak Classic Projected Return Density Against MarketAssuming 30 trading days horizon, Kotak Classic has beta of 0.3309 . This suggests as returns on market go up, Kotak Classic average returns are expected to increase less than the benchmark. However during bear market, the loss on holding Kotak Classic Equity Reg Div will be expected to be much smaller as well. Additionally, Kotak Classic Equity Reg Div 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
Kotak Classic Return VolatilityKotak Classic Equity Reg Div accepts 3.1663% volatility on return distribution over the 30 days horizon. DOW inherits 0.4495% risk (volatility on return distribution) over the 30 days horizon.