|Horizon||30 Days Login to change|
UTI Bond Market Sensitivity
|As returns on market increase, UTI Bond returns are expected to increase less than the market. However during bear market, the loss on holding UTI Bond will be expected to be smaller as well.One Month Beta |Analyze UTI Bond Dir Demand TrendCheck current 30 days UTI Bond correlation with market (DOW)|
β = 0.0838
UTI Bond Central Daily Price Deviation
UTI Bond Dir Technical Analysis
UTI Bond Projected Return Density Against MarketAssuming 30 trading days horizon, UTI Bond has beta of 0.0838 suggesting as returns on market go up, UTI Bond average returns are expected to increase less than the benchmark. However during bear market, the loss on holding UTI Bond Dir Div will be expected to be much smaller as well. Moreover, UTI Bond Dir Div has an alpha of 0.0447 implying that it can potentially generate 0.0447% excess return over DOW after adjusting for the inherited market risk (beta).
UTI Bond Return VolatilityUTI Bond Dir Div accepts 0.0% volatility on return distribution over the 30 days horizon. DOW inherits 1.1939% risk (volatility on return distribution) over the 30 days horizon.