|Horizon||30 Days Login to change|
LIC MF Market Sensitivity
|As returns on market increase, returns on owning LIC MF are expected to decrease at a much smaller rate. During bear market, LIC MF is likely to outperform the market.One Month Beta |Analyze LIC MF ULIS Demand TrendCheck current 30 days LIC MF correlation with market (DOW)|
β = -0.402
LIC MF ULIS Technical Analysis
LIC MF Projected Return Density Against MarketAssuming 30 trading days horizon, LIC MF ULIS 10Y RP RC Reg Yr Div has beta of -0.402 . This suggests as returns on benchmark increase, returns on holding LIC MF are expected to decrease at a much smaller rate. During bear market, however, LIC MF ULIS 10Y RP RC Reg Yr Div is likely to outperform the market. Moreover, LIC MF ULIS 10Y RP RC Reg Yr Div has an alpha of 0.2679 implying that it can potentially generate 0.2679% excess return over DOW after adjusting for the inherited market risk (beta).
Predicted Return Density
LIC MF Return VolatilityLIC MF ULIS 10Y RP RC Reg Yr Div accepts 0.3948% volatility on return distribution over the 30 days horizon. DOW inherits 0.4487% risk (volatility on return distribution) over the 30 days horizon.