|Horizon||30 Days Login to change|
Tata Ethical Market Sensitivity
|As returns on market increase, Tata Ethical returns are expected to increase less than the market. However during bear market, the loss on holding Tata Ethical will be expected to be smaller as well.One Month Beta |Analyze Tata Ethical Dir Demand TrendCheck current 30 days Tata Ethical correlation with market (DOW)|
β = 0.4594
Tata Ethical Dir Technical Analysis
Tata Ethical Projected Return Density Against MarketAssuming 30 trading days horizon, Tata Ethical has beta of 0.4594 suggesting as returns on market go up, Tata Ethical average returns are expected to increase less than the benchmark. However during bear market, the loss on holding Tata Ethical Dir Div will be expected to be much smaller as well. Moreover, Tata Ethical Dir Div has an alpha of 0.124 implying that it can potentially generate 0.124% excess return over DOW after adjusting for the inherited market risk (beta).
Predicted Return Density
Tata Ethical Return VolatilityTata Ethical Dir Div accepts 1.4401% volatility on return distribution over the 30 days horizon. DOW inherits 0.4303% risk (volatility on return distribution) over the 30 days horizon.