|Horizon||30 Days Login to change|
JPMorgan India Market Sensitivity
|As returns on market increase, JPMorgan India returns are expected to increase less than the market. However during bear market, the loss on holding JPMorgan India will be expected to be smaller as well.One Month Beta |Analyze JPMorgan India Govt Demand TrendCheck current 30 days JPMorgan India correlation with market (DOW)|
β = 0.0237
JPMorgan India Central Daily Price Deviation
JPMorgan India Govt Technical Analysis
JPMorgan India Projected Return Density Against MarketAssuming 30 trading days horizon, JPMorgan India has beta of 0.0237 . This suggests as returns on market go up, JPMorgan India average returns are expected to increase less than the benchmark. However during bear market, the loss on holding JPMorgan India Govt Sec Reg Ann Div will be expected to be much smaller as well. Moreover, JPMorgan India Govt Sec Reg Ann Div has an alpha of 0.0975 implying that it can potentially generate 0.0975% excess return over DOW after adjusting for the inherited market risk (beta).
JPMorgan India Return VolatilityJPMorgan India Govt Sec Reg Ann Div accepts 0.0% volatility on return distribution over the 30 days horizon. DOW inherits 1.1779% risk (volatility on return distribution) over the 30 days horizon.