|Horizon||30 Days Login to change|
Franklin India Market Sensitivity
|As returns on market increase, returns on owning Franklin India are expected to decrease at a much smaller rate. During bear market, Franklin India is likely to outperform the market.One Month Beta |Analyze Franklin India Corp Demand TrendCheck current 30 days Franklin India correlation with market (DOW)|
β = -0.1754
Franklin India Corp Technical Analysis
Franklin India Projected Return Density Against MarketAssuming 30 trading days horizon, Franklin India Corp Bond Opp Dir Div has beta of -0.1754 . This suggests as returns on benchmark increase, returns on holding Franklin India are expected to decrease at a much smaller rate. During bear market, however, Franklin India Corp Bond Opp Dir Div is likely to outperform the market. Moreover, Franklin India Corp Bond Opp Dir Div has an alpha of 0.0757 implying that it can potentially generate 0.0757% excess return over DOW after adjusting for the inherited market risk (beta).
Predicted Return Density
Franklin India Return VolatilityFranklin India Corp Bond Opp Dir Div 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.