|Horizon||30 Days Login to change|
Sundaram Growth Market Sensitivity
|As returns on market increase, Sundaram Growth returns are expected to increase less than the market. However during bear market, the loss on holding Sundaram Growth will be expected to be smaller as well.One Month Beta |Analyze Sundaram Growth Dir Demand TrendCheck current 30 days Sundaram Growth correlation with market (DOW)|
β = 0.0794
Sundaram Growth Dir Technical Analysis
Sundaram Growth Projected Return Density Against MarketAssuming 30 trading days horizon, Sundaram Growth has beta of 0.0794 . This suggests as returns on market go up, Sundaram Growth average returns are expected to increase less than the benchmark. However during bear market, the loss on holding Sundaram Growth Dir Gr will be expected to be much smaller as well. Moreover, Sundaram Growth Dir Gr has an alpha of 0.0899 implying that it can potentially generate 0.0899% excess return over DOW after adjusting for the inherited market risk (beta).
Predicted Return Density
Sundaram Growth Return VolatilitySundaram Growth Dir Gr accepts 0.4826% volatility on return distribution over the 30 days horizon. DOW inherits 1.0609% risk (volatility on return distribution) over the 30 days horizon.