|Horizon||30 Days Login to change|
Engel Resources and Technical Analysis
Engel Resources Projected Return Density Against MarketAssuming 30 trading days horizon, Engel Resources has beta of 0.0 suggesting unless we do not have required data, the returns on DOW and Engel Resources are completely uncorrelated. Furthermore, Engel Resources and Development LtdIt does not look like Engel Resources alpha can have any bearing on the equity current valuation.
Predicted Return Density
Engel Resources Return VolatilityEngel Resources and Development Ltd accepts 0.0% volatility on return distribution over the 30 days horizon. DOW inherits 1.0618% risk (volatility on return distribution) over the 30 days horizon.