|Horizon||30 Days Login to change|
Emkay Global Market Sensitivity
|Emkay Global returns are very sensitive to returns on the market. As market goes up or down, Emkay Global is expected to follow.One Month Beta |Analyze Emkay Global Financial Demand TrendCheck current 30 days Emkay Global correlation with market (DOW)|
β = 0.9021
Emkay Global Financial Technical Analysis
Emkay Global Projected Return Density Against MarketAssuming 30 trading days horizon, Emkay Global has beta of 0.9021 suggesting Emkay Global Financial Services Limited market returns are very sensitive to returns on the market. As the market benchmark goes up or down, Emkay Global is expected to follow. Additionally, Emkay Global Financial Services Limited has a negative alpha implying that the risk taken by holding this equity is not justified. The company is significantly underperforming DOW
Emkay Global Return VolatilityEmkay Global Financial Services Limited accepts 3.2785% volatility on return distribution over the 30 days horizon. DOW inherits 1.2393% risk (volatility on return distribution) over the 30 days horizon.