|Horizon||30 Days Login to change|
DHFL Pramerica Market Sensitivity
|As returns on market increase, returns on owning DHFL Pramerica are expected to decrease at a much smaller rate. During bear market, DHFL Pramerica is likely to outperform the market.One Month Beta |Analyze DHFL Pramerica Diverse Demand TrendCheck current 30 days DHFL Pramerica correlation with market (DOW)|
β = -0.0435
DHFL Pramerica Diverse Technical Analysis
DHFL Pramerica Projected Return Density Against MarketAssuming 30 trading days horizon, DHFL Pramerica Diverse Eq Reg Gr has beta of -0.0435 . This suggests as returns on benchmark increase, returns on holding DHFL Pramerica are expected to decrease at a much smaller rate. During bear market, however, DHFL Pramerica Diverse Eq Reg Gr is likely to outperform the market. Additionally, DHFL Pramerica Diverse Eq Reg Gr 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
DHFL Pramerica Return VolatilityDHFL Pramerica Diverse Eq Reg Gr accepts 0.3097% volatility on return distribution over the 30 days horizon. DOW inherits 0.4168% risk (volatility on return distribution) over the 30 days horizon.