|Horizon||30 Days Login to change|
Chambal Breweries Market Sensitivity
|As market goes up, the company is expected to significantly outperform it. However, if the market returns are negative, Chambal Breweries will likely underperform.One Month Beta |Analyze Chambal Breweries Demand TrendCheck current 30 days Chambal Breweries correlation with market (DOW)|
β = 3.7555
Chambal Breweries Technical Analysis
Chambal Breweries Projected Return Density Against MarketAssuming 30 trading days horizon, the stock has beta coefficient of 3.7555 . This suggests as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are expected to be negative, Chambal Breweries will likely underperform. Additionally, Chambal Breweries Distilleries Ltd 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
Chambal Breweries Return VolatilityChambal Breweries Distilleries Ltd accepts 4.2387% volatility on return distribution over the 30 days horizon. DOW inherits 0.4541% risk (volatility on return distribution) over the 30 days horizon.