|Horizon||30 Days Login to change|
Tata Floater Market Sensitivity
|As returns on market increase, returns on owning Tata Floater are expected to decrease at a much smaller rate. During bear market, Tata Floater is likely to outperform the market.One Month Beta |Analyze Tata Floater Dir Demand TrendCheck current 30 days Tata Floater correlation with market (DOW)|
β = -0.0045
Tata Floater Dir Technical Analysis
Tata Floater Projected Return Density Against MarketAssuming 30 trading days horizon, Tata Floater Dir Gr has beta of -0.0045 suggesting as returns on benchmark increase, returns on holding Tata Floater are expected to decrease at a much smaller rate. During bear market, however, Tata Floater Dir Gr is likely to outperform the market. Moreover, Tata Floater Dir Gr has an alpha of 0.0514 implying that it can potentially generate 0.0514% excess return over DOW after adjusting for the inherited market risk (beta).
Predicted Return Density
Tata Floater Return VolatilityTata Floater Dir Gr accepts 0.0226% volatility on return distribution over the 30 days horizon. DOW inherits 0.4541% risk (volatility on return distribution) over the 30 days horizon.