|Horizon||30 Days Login to change|
Canara Robeco Market Sensitivity
|As returns on market increase, Canara Robeco returns are expected to increase less than the market. However during bear market, the loss on holding Canara Robeco will be expected to be smaller as well.One Month Beta |Analyze Canara Robeco Liquid Demand TrendCheck current 30 days Canara Robeco correlation with market (DOW)|
β = 0.0487
Canara Robeco Liquid Technical Analysis
Canara Robeco Projected Return Density Against MarketAssuming 30 trading days horizon, Canara Robeco has beta of 0.0487 suggesting as returns on market go up, Canara Robeco average returns are expected to increase less than the benchmark. However during bear market, the loss on holding Canara Robeco Liquid Reg Wk Div will be expected to be much smaller as well. Additionally, Canara Robeco Liquid Reg Wk Div has a negative alpha implying that the risk taken by holding this equity is not justified. The company is significantly underperforming DOW
Predicted Return Density
Canara Robeco Return VolatilityCanara Robeco Liquid Reg Wk Div accepts 0.0439% volatility on return distribution over the 30 days horizon. DOW inherits 0.3914% risk (volatility on return distribution) over the 30 days horizon.