|Horizon||30 Days Login to change|
DHFL Pramerica Market Sensitivity
|As market goes up, the company is expected to significantly outperform it. However, if the market returns are negative, DHFL Pramerica will likely underperform.One Month Beta |Analyze DHFL Pramerica Diverse Demand TrendCheck current 30 days DHFL Pramerica correlation with market (DOW)|
β = 1.5862
DHFL Pramerica Diverse Technical Analysis
DHFL Pramerica Projected Return Density Against MarketAssuming 30 trading days horizon, the fund has beta coefficient of 1.5862 . This suggests as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are expected to be negative, DHFL Pramerica will likely underperform. 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
DHFL Pramerica Return VolatilityDHFL Pramerica Diverse Eq Reg Gr accepts 0.0% volatility on return distribution over the 30 days horizon. DOW inherits 1.3078% risk (volatility on return distribution) over the 30 days horizon.