|Horizon||30 Days Login to change|
SBI Emerging Market Sensitivity
|As returns on market increase, returns on owning SBI Emerging are expected to decrease at a much smaller rate. During bear market, SBI Emerging is likely to outperform the market.One Month Beta |Analyze SBI Emerging Businesses Demand TrendCheck current 30 days SBI Emerging correlation with market (DOW)|
β = -0.5601
SBI Emerging Businesses Technical Analysis
SBI Emerging Projected Return Density Against MarketAssuming 30 trading days horizon, SBI Emerging Businesses Dir Gr has beta of -0.5601 suggesting as returns on benchmark increase, returns on holding SBI Emerging are expected to decrease at a much smaller rate. During bear market, however, SBI Emerging Businesses Dir Gr is likely to outperform the market. Moreover, SBI Emerging Businesses Dir Gr has an alpha of 0.7903 implying that it can potentially generate 0.7903% excess return over DOW after adjusting for the inherited market risk (beta).
Predicted Return Density
SBI Emerging Return VolatilitySBI Emerging Businesses Dir Gr accepts 0.0% volatility on return distribution over the 30 days horizon. DOW inherits 0.3947% risk (volatility on return distribution) over the 30 days horizon.