|Horizon||30 Days Login to change|
Sahara Midcap Market Sensitivity
|As returns on market increase, returns on owning Sahara Midcap are expected to decrease at a much smaller rate. During bear market, Sahara Midcap is likely to outperform the market.One Month Beta |Analyze Sahara Midcap Bns Demand TrendCheck current 30 days Sahara Midcap correlation with market (DOW)|
β = -0.5124
Sahara Midcap Bns Technical Analysis
Sahara Midcap Projected Return Density Against MarketAssuming 30 trading days horizon, Sahara Midcap Bns has beta of -0.5124 suggesting as returns on benchmark increase, returns on holding Sahara Midcap are expected to decrease at a much smaller rate. During bear market, however, Sahara Midcap Bns is likely to outperform the market. Moreover, Sahara Midcap Bns has an alpha of 0.2189 implying that it can potentially generate 0.2189% excess return over DOW after adjusting for the inherited market risk (beta).
Predicted Return Density
Sahara Midcap Return VolatilitySahara Midcap Bns accepts 2.3573% volatility on return distribution over the 30 days horizon. DOW inherits 0.3914% risk (volatility on return distribution) over the 30 days horizon.