|Horizon||30 Days Login to change|
Aura Investments Market Sensitivity
|As returns on market increase, Aura Investments returns are expected to increase less than the market. However during bear market, the loss on holding Aura Investments will be expected to be smaller as well.One Month Beta |Analyze Aura Investments Demand TrendCheck current 30 days Aura Investments correlation with market (DOW)|
β = 0.3109
Aura Investments Technical Analysis
Aura Investments Projected Return Density Against MarketAssuming 30 trading days horizon, Aura Investments has beta of 0.3109 . This suggests as returns on market go up, Aura Investments average returns are expected to increase less than the benchmark. However during bear market, the loss on holding Aura Investments Ltd will be expected to be much smaller as well. Additionally, Aura Investments 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
Aura Investments Return VolatilityAura Investments Ltd accepts 1.9844% volatility on return distribution over the 30 days horizon. DOW inherits 1.0434% risk (volatility on return distribution) over the 30 days horizon.