|Horizon||30 Days Login to change|
IDBI Liquid Market Sensitivity
|As returns on market increase, returns on owning IDBI Liquid are expected to decrease at a much smaller rate. During bear market, IDBI Liquid is likely to outperform the market.One Month Beta |Analyze IDBI Liquid Dir Demand TrendCheck current 30 days IDBI Liquid correlation with market (DOW)|
β = -0.2244
IDBI Liquid Dir Technical Analysis
IDBI Liquid Projected Return Density Against MarketAssuming 30 trading days horizon, IDBI Liquid Dir Gr has beta of -0.2244 suggesting as returns on benchmark increase, returns on holding IDBI Liquid are expected to decrease at a much smaller rate. During bear market, however, IDBI Liquid Dir Gr is likely to outperform the market. Moreover, IDBI Liquid Dir Gr has an alpha of 0.3467 implying that it can potentially generate 0.3467% excess return over DOW after adjusting for the inherited market risk (beta).
IDBI Liquid Return VolatilityIDBI Liquid Dir Gr accepts 0.0% volatility on return distribution over the 30 days horizon. DOW inherits 1.2393% risk (volatility on return distribution) over the 30 days horizon.