|Horizon||30 Days Login to change|
DHFL Pramerica Market Sensitivity
|As returns on market increase, DHFL Pramerica returns are expected to increase less than the market. However during bear market, the loss on holding DHFL Pramerica will be expected to be smaller as well.One Month Beta |Analyze DHFL Pramerica Globl Demand TrendCheck current 30 days DHFL Pramerica correlation with market (DOW)|
β = 0.3188
DHFL Pramerica Globl Technical Analysis
DHFL Pramerica Projected Return Density Against MarketAssuming 30 trading days horizon, DHFL Pramerica has beta of 0.3188 suggesting as returns on market go up, DHFL Pramerica average returns are expected to increase less than the benchmark. However during bear market, the loss on holding DHFL Pramerica Globl Agribus Off Reg Gr will be expected to be much smaller as well. In addition to that, DHFL Pramerica Globl Agribus Off Reg Gr has an alpha of 2.23 implying that it can potentially generate 2.23% excess return over DOW after adjusting for the inherited market risk (beta).
Predicted Return Density
DHFL Pramerica Return VolatilityDHFL Pramerica Globl Agribus Off Reg Gr accepts 0.746% volatility on return distribution over the 30 days horizon. DOW inherits 1.0609% risk (volatility on return distribution) over the 30 days horizon.