|Horizon||30 Days Login to change|
Cantabil Retail Market Sensitivity
|As returns on market increase, returns on owning Cantabil Retail are expected to decrease at a much smaller rate. During bear market, Cantabil Retail is likely to outperform the market.One Month Beta |Analyze Cantabil Retail India Demand TrendCheck current 30 days Cantabil Retail correlation with market (DOW)|
β = -0.0924
Cantabil Retail India Technical Analysis
Cantabil Retail Projected Return Density Against MarketAssuming 30 trading days horizon, Cantabil Retail India Limited has beta of -0.0924 . This suggests as returns on benchmark increase, returns on holding Cantabil Retail are expected to decrease at a much smaller rate. During bear market, however, Cantabil Retail India Limited is likely to outperform the market. In addition to that, Cantabil Retail India Limited has an alpha of 1.1679 implying that it can potentially generate 1.1679% excess return over DOW after adjusting for the inherited market risk (beta).
Predicted Return Density
Cantabil Retail Return VolatilityCantabil Retail India Limited accepts 8.3254% volatility on return distribution over the 30 days horizon. DOW inherits 1.0609% risk (volatility on return distribution) over the 30 days horizon.