|Horizon||30 Days Login to change|
Hind Rectifiers Market Sensitivity
Hind Rectifiers Limited Technical Analysis
Hind Rectifiers Projected Return Density Against MarketAssuming 30 trading days horizon, Hind Rectifiers Limited has beta of -0.1728 . This indicates as returns on benchmark increase, returns on holding Hind Rectifiers are expected to decrease at a much smaller rate. During bear market, however, Hind Rectifiers Limited is likely to outperform the market. Moreover, Hind Rectifiers Limited has an alpha of 0.2159 implying that it can potentially generate 0.2159% excess return over DOW after adjusting for the inherited market risk (beta).
Hind Rectifiers Return VolatilityHind Rectifiers Limited accepts 4.9458% volatility on return distribution over the 30 days horizon. DOW inherits 1.2203% risk (volatility on return distribution) over the 30 days horizon.