|Horizon||30 Days Login to change|
Electrosteel Castings Market Sensitivity
Electrosteel Castings Technical Analysis
Electrosteel Castings Projected Return Density Against MarketAssuming 30 trading days horizon, Electrosteel Castings Limited has beta of -0.5909 suggesting as returns on benchmark increase, returns on holding Electrosteel Castings are expected to decrease at a much smaller rate. During bear market, however, Electrosteel Castings Limited is likely to outperform the market. Additionally, Electrosteel Castings Limited has a negative alpha implying that the risk taken by holding this equity is not justified. The company is significantly underperforming DOW
Electrosteel Castings Return VolatilityElectrosteel Castings Limited accepts 3.6752% volatility on return distribution over the 30 days horizon. DOW inherits 1.1871% risk (volatility on return distribution) over the 30 days horizon.