|Horizon||30 Days Login to change|
Aditya Birla Market Sensitivity
Aditya Birla Fashion Technical Analysis
Aditya Birla Projected Return Density Against MarketAssuming 30 trading days horizon, Aditya Birla Fashion and Retail Limited has beta of -0.5708 . This suggests as returns on benchmark increase, returns on holding Aditya Birla are expected to decrease at a much smaller rate. During bear market, however, Aditya Birla Fashion and Retail Limited is likely to outperform the market. Moreover, Aditya Birla Fashion and Retail Limited has an alpha of 0.1988 implying that it can potentially generate 0.1988% excess return over DOW after adjusting for the inherited market risk (beta).
Aditya Birla Return VolatilityAditya Birla Fashion and Retail Limited accepts 2.059% volatility on return distribution over the 30 days horizon. DOW inherits 1.1692% risk (volatility on return distribution) over the 30 days horizon.