|Horizon||30 Days Login to change|
A L Market Sensitivity
|As returns on market increase, returns on owning A L are expected to decrease at a much smaller rate. During bear market, A L is likely to outperform the market.One Month Beta |Analyze A L D Demand TrendCheck current 30 days A L correlation with market (DOW)|
β = -0.2547
A L D Technical Analysis
A L Projected Return Density Against MarketAssuming 30 trading days horizon, A L D Advanced Logistics Developments Ltd has beta of -0.2547 . This suggests as returns on benchmark increase, returns on holding A L are expected to decrease at a much smaller rate. During bear market, however, A L D Advanced Logistics Developments Ltd is likely to outperform the market. Additionally, A L D Advanced Logistics Developments Ltd 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
A L Return VolatilityA L D Advanced Logistics Developments Ltd assumes 1.9599% volatility of returns over the 30 days investment horizon. DOW inherits 1.0603% risk (volatility on return distribution) over the 30 days horizon.