|Horizon||30 Days Login to change|
ICICI Pru Market Sensitivity
|As returns on market increase, ICICI Pru returns are expected to increase less than the market. However during bear market, the loss on holding ICICI Pru will be expected to be smaller as well.One Month Beta |Analyze ICICI Pru Regular Demand TrendCheck current 30 days ICICI Pru correlation with market (DOW)|
β = 0.0507
ICICI Pru Regular Technical Analysis
ICICI Pru Projected Return Density Against MarketAssuming 30 trading days horizon, ICICI Pru has beta of 0.0507 . This suggests as returns on market go up, ICICI Pru average returns are expected to increase less than the benchmark. However during bear market, the loss on holding ICICI Pru Regular Savings Dir Bns will be expected to be much smaller as well. Moreover, ICICI Pru Regular Savings Dir Bns has an alpha of 0.0404 implying that it can potentially generate 0.0404% excess return over DOW after adjusting for the inherited market risk (beta).
Predicted Return Density
ICICI Pru Return VolatilityICICI Pru Regular Savings Dir Bns accepts 0.1624% volatility on return distribution over the 30 days horizon. DOW inherits 1.0609% risk (volatility on return distribution) over the 30 days horizon.