|Horizon||30 Days Login to change|
BOI AXA Market Sensitivity
|As returns on market increase, returns on owning BOI AXA are expected to decrease at a much smaller rate. During bear market, BOI AXA is likely to outperform the market.One Month Beta |Analyze BOI AXA Regular Demand TrendCheck current 30 days BOI AXA correlation with market (DOW)|
β = -0.111
BOI AXA Regular Technical Analysis
BOI AXA Projected Return Density Against MarketAssuming 30 trading days horizon, BOI AXA Regular Return Dir Mn Div has beta of -0.111 suggesting as returns on benchmark increase, returns on holding BOI AXA are expected to decrease at a much smaller rate. During bear market, however, BOI AXA Regular Return Dir Mn Div is likely to outperform the market. Moreover, BOI AXA Regular Return Dir Mn Div has an alpha of 0.0573 implying that it can potentially generate 0.0573% excess return over DOW after adjusting for the inherited market risk (beta).
Predicted Return Density
BOI AXA Return VolatilityBOI AXA Regular Return Dir Mn Div accepts 1.4605% volatility on return distribution over the 30 days horizon. DOW inherits 0.4168% risk (volatility on return distribution) over the 30 days horizon.