|Horizon||30 Days Login to change|
Kotak OM Market Sensitivity
|As returns on market increase, returns on owning Kotak OM are expected to decrease at a much smaller rate. During bear market, Kotak OM is likely to outperform the market.One Month Beta |Analyze Kotak OM Life Demand TrendCheck current 30 days Kotak OM correlation with market (DOW)|
β = -0.0192
Kotak OM Life Technical Analysis
Kotak OM Projected Return Density Against MarketAssuming 30 trading days horizon, Kotak OM Life Dynamic Floating Rate has beta of -0.0192 suggesting as returns on benchmark increase, returns on holding Kotak OM are expected to decrease at a much smaller rate. During bear market, however, Kotak OM Life Dynamic Floating Rate is likely to outperform the market. Moreover, Kotak OM Life Dynamic Floating Rate has an alpha of 0.103 implying that it can potentially generate 0.103% excess return over DOW after adjusting for the inherited market risk (beta).
Predicted Return Density
Kotak OM Return VolatilityKotak OM Life Dynamic Floating Rate accepts 0.1097% volatility on return distribution over the 30 days horizon. DOW inherits 0.3947% risk (volatility on return distribution) over the 30 days horizon.