|Horizon||30 Days Login to change|
IDFC SS Market Sensitivity
|As returns on market increase, IDFC SS returns are expected to increase less than the market. However during bear market, the loss on holding IDFC SS will be expected to be smaller as well.One Month Beta |Analyze IDFC SS ST Demand TrendCheck current 30 days IDFC SS correlation with market (DOW)|
β = 0.0439
IDFC SS ST Technical Analysis
IDFC SS Projected Return Density Against MarketAssuming 30 trading days horizon, IDFC SS has beta of 0.0439 . This suggests as returns on market go up, IDFC SS average returns are expected to increase less than the benchmark. However during bear market, the loss on holding IDFC SS Inc ST Dir Gr will be expected to be much smaller as well. Moreover, IDFC SS Inc ST Dir Gr has an alpha of 0.087 implying that it can potentially generate 0.087% excess return over DOW after adjusting for the inherited market risk (beta).
Predicted Return Density
IDFC SS Return VolatilityIDFC SS Inc ST Dir Gr accepts 0.0% volatility on return distribution over the 30 days horizon. DOW inherits 0.4487% risk (volatility on return distribution) over the 30 days horizon.