|Horizon||30 Days Login to change|
Bharati Defence Market Sensitivity
|As returns on market increase, returns on owning Bharati Defence are expected to decrease by larger amounts. On the other hand, during market turmoil, Bharati Defence is expected to significantly outperform it.One Month Beta |Analyze Bharati Defence And Demand TrendCheck current 30 days Bharati Defence correlation with market (DOW)|
β = -2.4998
Bharati Defence And Technical Analysis
Bharati Defence Projected Return Density Against MarketAssuming 30 trading days horizon, Bharati Defence And Infrastructure Limited has beta of -2.4998 . This suggests as returns on its benchmark rise, returns on holding Bharati Defence And Infrastructure Limited are expected to decrease by similarly larger amounts. On the other hand, during market turmoils, Bharati Defence is expected to outperform its benchmark. 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 3.2064% volatility on return distribution over the 30 days horizon. DOW inherits 0.0% risk (volatility on return distribution) over the 30 days horizon.