|Horizon||30 Days Login to change|
Franklin India Market Sensitivity
|As returns on market increase, Franklin India returns are expected to increase less than the market. However during bear market, the loss on holding Franklin India will be expected to be smaller as well.One Month Beta |Analyze Franklin India Bank Demand TrendCheck current 30 days Franklin India correlation with market (DOW)|
β = 0.0294
Franklin India Bank Technical Analysis
Franklin India Projected Return Density Against MarketAssuming 30 trading days horizon, Franklin India has beta of 0.0294 suggesting as returns on market go up, Franklin India average returns are expected to increase less than the benchmark. However during bear market, the loss on holding Franklin India Bank PSU Debt Dir Div will be expected to be much smaller as well. Moreover, Franklin India Bank PSU Debt Dir Div has an alpha of 0.0223 implying that it can potentially generate 0.0223% excess return over DOW after adjusting for the inherited market risk (beta).
Predicted Return Density
Franklin India Return VolatilityFranklin India Bank PSU Debt Dir Div accepts 0.0546% volatility on return distribution over the 30 days horizon. DOW inherits 0.4038% risk (volatility on return distribution) over the 30 days horizon.