|Horizon||30 Days Login to change|
Bharati Defence Market Sensitivity
|As returns on market increase, returns on owning Bharati Defence are expected to decrease at a much smaller rate. During bear market, Bharati Defence is likely to outperform the market.One Month Beta |Analyze Bharati Defence And Demand TrendCheck current 30 days Bharati Defence correlation with market (DOW)|
β = -0.7543
Bharati Defence And Technical Analysis
Bharati Defence Projected Return Density Against MarketAssuming 30 trading days horizon, Bharati Defence And Infrastructure Limited has beta of -0.7543 . This suggests as returns on benchmark increase, returns on holding Bharati Defence are expected to decrease at a much smaller rate. During bear market, however, Bharati Defence And Infrastructure Limited is likely to outperform the market. Additionally, Bharati Defence And Infrastructure Limited 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
Bharati Defence Return VolatilityBharati Defence And Infrastructure Limited accepts 2.8579% volatility on return distribution over the 30 days horizon. DOW inherits 0.3625% risk (volatility on return distribution) over the 30 days horizon.