|Horizon||30 Days Login to change|
SBI ST Market Sensitivity
|As returns on market increase, returns on owning SBI ST are expected to decrease at a much smaller rate. During bear market, SBI ST is likely to outperform the market.One Month Beta |Analyze SBI ST Debt Demand TrendCheck current 30 days SBI ST correlation with market (DOW)|
β = -0.0099
SBI ST Debt Technical Analysis
SBI ST Projected Return Density Against MarketAssuming 30 trading days horizon, SBI ST Debt Retl Fr Div has beta of -0.0099 suggesting as returns on benchmark increase, returns on holding SBI ST are expected to decrease at a much smaller rate. During bear market, however, SBI ST Debt Retl Fr Div is likely to outperform the market. Moreover, SBI ST Debt Retl Fr Div has an alpha of 7.0E-4 implying that it can potentially generate 7.0E-4% excess return over DOW after adjusting for the inherited market risk (beta).
Predicted Return Density
SBI ST Return VolatilitySBI ST Debt Retl Fr Div accepts 0.1576% volatility on return distribution over the 30 days horizon. DOW inherits 0.4168% risk (volatility on return distribution) over the 30 days horizon.