|Horizon||30 Days Login to change|
DSP BlackRock Market Sensitivity
|As returns on market increase, returns on owning DSP BlackRock are expected to decrease at a much smaller rate. During bear market, DSP BlackRock is likely to outperform the market.One Month Beta |Analyze DSP BlackRock ST Demand TrendCheck current 30 days DSP BlackRock correlation with market (DOW)|
β = -0.0421
DSP BlackRock ST Technical Analysis
DSP BlackRock Projected Return Density Against MarketAssuming 30 trading days horizon, DSP BlackRock ST Dir Div has beta of -0.0421 suggesting as returns on benchmark increase, returns on holding DSP BlackRock are expected to decrease at a much smaller rate. During bear market, however, DSP BlackRock ST Dir Div is likely to outperform the market. Moreover, DSP BlackRock ST Dir Div has an alpha of 0.0515 implying that it can potentially generate 0.0515% excess return over DOW after adjusting for the inherited market risk (beta).
Predicted Return Density
DSP BlackRock Return VolatilityDSP BlackRock ST Dir Div accepts 0.1218% volatility on return distribution over the 30 days horizon. DOW inherits 0.3801% risk (volatility on return distribution) over the 30 days horizon.