|Horizon||30 Days Login to change|
UTI Bond Market Sensitivity
|As returns on market increase, returns on owning UTI Bond are expected to decrease at a much smaller rate. During bear market, UTI Bond is likely to outperform the market.One Month Beta |Analyze UTI Bond Dir Demand TrendCheck current 30 days UTI Bond correlation with market (DOW)|
β = -0.1222
UTI Bond Dir Technical Analysis
UTI Bond Projected Return Density Against MarketAssuming 30 trading days horizon, UTI Bond Dir Div has beta of -0.1222 suggesting as returns on benchmark increase, returns on holding UTI Bond are expected to decrease at a much smaller rate. During bear market, however, UTI Bond Dir Div is likely to outperform the market. Moreover, UTI Bond Dir Div has an alpha of 0.0029 implying that it can potentially generate 0.0029% excess return over DOW after adjusting for the inherited market risk (beta).
Predicted Return Density
UTI Bond Return VolatilityUTI Bond Dir Div accepts 0.0% volatility on return distribution over the 30 days horizon. DOW inherits 0.3947% risk (volatility on return distribution) over the 30 days horizon.