|Horizon||30 Days Login to change|
Franklin India Market Sensitivity
|As returns on market increase, returns on owning Franklin India are expected to decrease at a much smaller rate. During bear market, Franklin India is likely to outperform the market.One Month Beta |Analyze Franklin India LS Demand TrendCheck current 30 days Franklin India correlation with market (DOW)|
β = -0.636
Franklin India LS Technical Analysis
Franklin India Projected Return Density Against MarketAssuming 30 trading days horizon, Franklin India LS FOF 20s Div has beta of -0.636 suggesting as returns on benchmark increase, returns on holding Franklin India are expected to decrease at a much smaller rate. During bear market, however, Franklin India LS FOF 20s Div is likely to outperform the market. Additionally, Franklin India LS FOF 20s Div has a negative alpha implying that the risk taken by holding this equity is not justified. The company is significantly underperforming DOW
Predicted Return Density
Franklin India Return VolatilityFranklin India LS FOF 20s Div accepts 0.9045% volatility on return distribution over the 30 days horizon. DOW inherits 0.4448% risk (volatility on return distribution) over the 30 days horizon.