|Horizon||30 Days Login to change|
Castex Technologies Market Sensitivity
Castex Technologies Technical Analysis
Castex Technologies Projected Return Density Against MarketAssuming 30 trading days horizon, Castex Technologies Limited has beta of -0.1373 . This suggests as returns on benchmark increase, returns on holding Castex Technologies are expected to decrease at a much smaller rate. During bear market, however, Castex Technologies Limited is likely to outperform the market. Moreover, Castex Technologies Limited has an alpha of 0.8006 implying that it can potentially generate 0.8006% excess return over DOW after adjusting for the inherited market risk (beta).
Castex Technologies Return VolatilityCastex Technologies Limited accepts 4.4471% volatility on return distribution over the 30 days horizon. DOW inherits 1.2989% risk (volatility on return distribution) over the 30 days horizon.