|Horizon||30 Days Login to change|
Tata Resources Market Sensitivity
|As returns on market increase, Tata Resources returns are expected to increase less than the market. However during bear market, the loss on holding Tata Resources will be expected to be smaller as well.One Month Beta |Analyze Tata Resources Energy Demand TrendCheck current 30 days Tata Resources correlation with market (DOW)|
β = 0.1394
Tata Resources Energy Technical Analysis
Tata Resources Projected Return Density Against MarketAssuming 30 trading days horizon, Tata Resources has beta of 0.1394 . This suggests as returns on market go up, Tata Resources average returns are expected to increase less than the benchmark. However during bear market, the loss on holding Tata Resources Energy Reg Div Py will be expected to be much smaller as well. Additionally, Tata Resources Energy Reg Div Py 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
Tata Resources Return VolatilityTata Resources Energy Reg Div Py accepts 1.8501% volatility on return distribution over the 30 days horizon. DOW inherits 0.4487% risk (volatility on return distribution) over the 30 days horizon.