|Horizon||30 Days Login to change|
SBI Life Market Sensitivity
|As returns on market increase, returns on owning SBI Life are expected to decrease at a much smaller rate. During bear market, SBI Life is likely to outperform the market.One Month Beta |Analyze SBI Life Growth Demand TrendCheck current 30 days SBI Life correlation with market (DOW)|
β = -0.0616
SBI Life Growth Technical Analysis
SBI Life Projected Return Density Against MarketAssuming 30 trading days horizon, SBI Life Growth has beta of -0.0616 suggesting as returns on benchmark increase, returns on holding SBI Life are expected to decrease at a much smaller rate. During bear market, however, SBI Life Growth is likely to outperform the market. Moreover, SBI Life Growth has an alpha of 0.0625 implying that it can potentially generate 0.0625% excess return over DOW after adjusting for the inherited market risk (beta).
Predicted Return Density
SBI Life Return VolatilitySBI Life Growth accepts 1.1113% volatility on return distribution over the 30 days horizon. DOW inherits 0.3914% risk (volatility on return distribution) over the 30 days horizon.