|Horizon||30 Days Login to change|
LIC MF Market Sensitivity
|As returns on market increase, returns on owning LIC MF are expected to decrease at a much smaller rate. During bear market, LIC MF is likely to outperform the market.One Month Beta |Analyze LIC MF Index Demand TrendCheck current 30 days LIC MF correlation with market (DOW)|
β = -0.4317
LIC MF Index Technical Analysis
LIC MF Projected Return Density Against MarketAssuming 30 trading days horizon, LIC MF Index Sensex Dir Div has beta of -0.4317 suggesting as returns on benchmark increase, returns on holding LIC MF are expected to decrease at a much smaller rate. During bear market, however, LIC MF Index Sensex Dir Div is likely to outperform the market. Moreover, LIC MF Index Sensex Dir Div has an alpha of 0.1953 implying that it can potentially generate 0.1953% excess return over DOW after adjusting for the inherited market risk (beta).
LIC MF Return VolatilityLIC MF Index Sensex Dir Div accepts 0.0% volatility on return distribution over the 30 days horizon. DOW inherits 1.211% risk (volatility on return distribution) over the 30 days horizon.