|Horizon||30 Days Login to change|
Chaman Lal Market Sensitivity
|Chaman Lal returns are very sensitive to returns on the market. As market goes up or down, Chaman Lal is expected to follow.One Month Beta |Analyze Chaman Lal Setia Demand TrendCheck current 30 days Chaman Lal correlation with market (DOW)|
β = 0.9371
Chaman Lal Setia Technical Analysis
Chaman Lal Projected Return Density Against MarketAssuming 30 trading days horizon, Chaman Lal has beta of 0.9371 . This suggests Chaman Lal Setia Exports Ltd market returns are very sensitive to returns on the market. As the market benchmark goes up or down, Chaman Lal is expected to follow. Moreover, Chaman Lal Setia Exports Ltd has an alpha of 0.2555 implying that it can potentially generate 0.2555% excess return over DOW after adjusting for the inherited market risk (beta).
Predicted Return Density
Chaman Lal Return VolatilityChaman Lal Setia Exports Ltd accepts 1.7095% volatility on return distribution over the 30 days horizon. DOW inherits 0.3947% risk (volatility on return distribution) over the 30 days horizon.