|Horizon||30 Days Login to change|
Y H Market Sensitivity
|As returns on market increase, returns on owning Y H are expected to decrease at a much smaller rate. During bear market, Y H is likely to outperform the market.One Month Beta |Analyze Y H Dimri Demand TrendCheck current 30 days Y H correlation with market (DOW)|
β = -0.0656
Y H Dimri Technical Analysis
Y H Projected Return Density Against MarketAssuming 30 trading days horizon, Y H Dimri Construction Development Ltd has beta of -0.0656 suggesting as returns on benchmark increase, returns on holding Y H are expected to decrease at a much smaller rate. During bear market, however, Y H Dimri Construction Development Ltd is likely to outperform the market. Additionally, Y H Dimri Construction Development 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
Y H Return VolatilityY H Dimri Construction Development Ltd accepts 1.3521% volatility on return distribution over the 30 days horizon. DOW inherits 1.0678% risk (volatility on return distribution) over the 30 days horizon.