|Horizon||30 Days Login to change|
BEML Market Sensitivity
BEML Limited Technical Analysis
BEML Projected Return Density Against MarketAssuming 30 trading days horizon, BEML has beta of 0.4635 . This suggests as returns on market go up, BEML average returns are expected to increase less than the benchmark. However during bear market, the loss on holding BEML Limited will be expected to be much smaller as well. Moreover, BEML Limited has an alpha of 0.7913 implying that it can potentially generate 0.7913% excess return over DOW after adjusting for the inherited market risk (beta).
BEML Return VolatilityBEML Limited accepts 4.6593% volatility on return distribution over the 30 days horizon. DOW inherits 1.2951% risk (volatility on return distribution) over the 30 days horizon.