|Horizon||30 Days Login to change|
Birla Sun Market Sensitivity
|As returns on market increase, Birla Sun returns are expected to increase less than the market. However during bear market, the loss on holding Birla Sun will be expected to be smaller as well.One Month Beta |Analyze Birla Sun Life Demand TrendCheck current 30 days Birla Sun correlation with market (DOW)|
β = 0.313
Birla Sun Life Technical Analysis
Birla Sun Projected Return Density Against MarketAssuming 30 trading days horizon, Birla Sun has beta of 0.313 suggesting as returns on market go up, Birla Sun average returns are expected to increase less than the benchmark. However during bear market, the loss on holding Birla Sun Life Frontline Equity Dir Gr will be expected to be much smaller as well. Moreover, Birla Sun Life Frontline Equity Dir Gr has an alpha of 0.1163 implying that it can potentially generate 0.1163% excess return over DOW after adjusting for the inherited market risk (beta).
Predicted Return Density
Birla Sun Return VolatilityBirla Sun Life Frontline Equity Dir Gr accepts 2.674% volatility on return distribution over the 30 days horizon. DOW inherits 0.4541% risk (volatility on return distribution) over the 30 days horizon.