|Horizon||30 Days Login to change|
Asian Paints Market Sensitivity
Asian Paints Limited Technical Analysis
Asian Paints Projected Return Density Against MarketAssuming 30 trading days horizon, Asian Paints has beta of 0.0946 . This suggests as returns on market go up, Asian Paints average returns are expected to increase less than the benchmark. However during bear market, the loss on holding Asian Paints Limited will be expected to be much smaller as well. Moreover, Asian Paints Limited has an alpha of 0.4072 implying that it can potentially generate 0.4072% excess return over DOW after adjusting for the inherited market risk (beta).
Asian Paints Return VolatilityAsian Paints Limited accepts 1.8802% volatility on return distribution over the 30 days horizon. DOW inherits 1.1955% risk (volatility on return distribution) over the 30 days horizon.