|Horizon||30 Days Login to change|
Chiron Refineries Market Sensitivity
|As returns on market increase, Chiron Refineries returns are expected to increase less than the market. However during bear market, the loss on holding Chiron Refineries will be expected to be smaller as well.One Month Beta |Analyze Chiron Refineries Demand TrendCheck current 30 days Chiron Refineries correlation with market (DOW)|
β = 0.4333
Chiron Refineries Technical Analysis
Chiron Refineries Projected Return Density Against MarketAssuming 30 trading days horizon, Chiron Refineries has beta of 0.4333 . This suggests as returns on market go up, Chiron Refineries average returns are expected to increase less than the benchmark. However during bear market, the loss on holding Chiron Refineries Ltd will be expected to be much smaller as well. Moreover, Chiron Refineries Ltd has an alpha of 0.0123 implying that it can potentially generate 0.0123% excess return over DOW after adjusting for the inherited market risk (beta).
Predicted Return Density
Chiron Refineries Return VolatilityChiron Refineries Ltd assumes 0.8888% volatility of returns over the 30 days investment horizon. DOW inherits 1.0618% risk (volatility on return distribution) over the 30 days horizon.