|Horizon||30 Days Login to change|
IDFC Gov Market Sensitivity
|As returns on market increase, returns on owning IDFC Gov are expected to decrease at a much smaller rate. During bear market, IDFC Gov is likely to outperform the market.One Month Beta |Analyze IDFC Gov Sec Demand TrendCheck current 30 days IDFC Gov correlation with market (DOW)|
β = -0.0151
IDFC Gov Sec Technical Analysis
IDFC Gov Projected Return Density Against MarketAssuming 30 trading days horizon, IDFC Gov Sec ST Reg Qtr Div has beta of -0.0151 . This suggests as returns on benchmark increase, returns on holding IDFC Gov are expected to decrease at a much smaller rate. During bear market, however, IDFC Gov Sec ST Reg Qtr Div is likely to outperform the market. Moreover, IDFC Gov Sec ST Reg Qtr Div has an alpha of 0.0212 implying that it can potentially generate 0.0212% excess return over DOW after adjusting for the inherited market risk (beta).
Predicted Return Density
IDFC Gov Return VolatilityIDFC Gov Sec ST Reg Qtr Div accepts 0.1003% volatility on return distribution over the 30 days horizon. DOW inherits 1.0635% risk (volatility on return distribution) over the 30 days horizon.