|Horizon||30 Days Login to change|
Birla Sun Market Sensitivity
|As returns on market increase, returns on owning Birla Sun are expected to decrease at a much smaller rate. During bear market, Birla Sun is likely to outperform the market.One Month Beta |Analyze Birla Sun Life Demand TrendCheck current 30 days Birla Sun correlation with market (DOW)|
β = -0.0681
Birla Sun Life Technical Analysis
Birla Sun Projected Return Density Against MarketAssuming 30 trading days horizon, Birla Sun Life Trs Optimizer Dir Qtr Div has beta of -0.0681 . This suggests as returns on benchmark increase, returns on holding Birla Sun are expected to decrease at a much smaller rate. During bear market, however, Birla Sun Life Trs Optimizer Dir Qtr Div is likely to outperform the market. Additionally, Birla Sun Life Trs Optimizer Dir Qtr 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
Birla Sun Return VolatilityBirla Sun Life Trs Optimizer Dir Qtr Div accepts 0.0% volatility on return distribution over the 30 days horizon. DOW inherits 0.3625% risk (volatility on return distribution) over the 30 days horizon.