|Horizon||30 Days Login to change|
Engel Resources Market Sensitivity
Engel Resources Technical Analysis
Engel Resources Projected Return Density Against MarketAssuming 30 trading days horizon, Engel Resources and Development Ltd has beta of -0.0075 suggesting as returns on benchmark increase, returns on holding Engel Resources are expected to decrease at a much smaller rate. During bear market, however, Engel Resources and Development Ltd is likely to outperform the market. Additionally, Engel Resources and Development Ltd has a negative alpha implying that the risk taken by holding this equity is not justified. The company is significantly underperforming DOW
Engel Resources Return VolatilityEngel Resources and Development Ltd accepts 0.0% volatility on return distribution over the 30 days horizon. DOW inherits 1.3082% risk (volatility on return distribution) over the 30 days horizon.