|Horizon||30 Days Login to change|
Avgol Industries Market Sensitivity
|As returns on market increase, Avgol Industries returns are expected to increase less than the market. However during bear market, the loss on holding Avgol Industries will be expected to be smaller as well.One Month Beta |Analyze Avgol Industries 1953 Demand TrendCheck current 30 days Avgol Industries correlation with market (DOW)|
β = 0.6387
Avgol Industries 1953 Technical Analysis
Avgol Industries Projected Return Density Against MarketAssuming 30 trading days horizon, Avgol Industries has beta of 0.6387 . This suggests as returns on market go up, Avgol Industries average returns are expected to increase less than the benchmark. However during bear market, the loss on holding Avgol Industries 1953 Ltd will be expected to be much smaller as well. Moreover, Avgol Industries 1953 Ltd has an alpha of 0.2477 implying that it can potentially generate 0.2477% excess return over DOW after adjusting for the inherited market risk (beta).
Predicted Return Density
Avgol Industries Return VolatilityAvgol Industries 1953 Ltd accepts 1.2693% volatility on return distribution over the 30 days horizon. DOW inherits 1.0603% risk (volatility on return distribution) over the 30 days horizon.