|Horizon||30 Days Login to change|
Alka Securities Market Sensitivity
|As returns on market increase, Alka Securities returns are expected to increase less than the market. However during bear market, the loss on holding Alka Securities will be expected to be smaller as well.One Month Beta |Analyze Alka Securities Demand TrendCheck current 30 days Alka Securities correlation with market (DOW)|
β = 0.499
Alka Securities Technical Analysis
Alka Securities Projected Return Density Against MarketAssuming 30 trading days horizon, Alka Securities has beta of 0.499 . This suggests as returns on market go up, Alka Securities average returns are expected to increase less than the benchmark. However during bear market, the loss on holding Alka Securities Ltd will be expected to be much smaller as well. Additionally, Alka Securities 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
Alka Securities Return VolatilityAlka Securities Ltd accepts 2.0023% volatility on return distribution over the 30 days horizon. DOW inherits 0.4168% risk (volatility on return distribution) over the 30 days horizon.