|Horizon||30 Days Login to change|
IDBI ST Market Sensitivity
|As returns on market increase, returns on owning IDBI ST are expected to decrease at a much smaller rate. During bear market, IDBI ST is likely to outperform the market.One Month Beta |Analyze IDBI ST Bond Demand TrendCheck current 30 days IDBI ST correlation with market (DOW)|
β = -0.0898
IDBI ST Bond Technical Analysis
IDBI ST Projected Return Density Against MarketAssuming 30 trading days horizon, IDBI ST Bond Gr has beta of -0.0898 . This indicates as returns on benchmark increase, returns on holding IDBI ST are expected to decrease at a much smaller rate. During bear market, however, IDBI ST Bond Gr is likely to outperform the market. Moreover, IDBI ST Bond Gr has an alpha of 0.1088 implying that it can potentially generate 0.1088% excess return over DOW after adjusting for the inherited market risk (beta).
IDBI ST Return VolatilityIDBI ST Bond Gr accepts 0.0% volatility on return distribution over the 30 days horizon. DOW inherits 1.1628% risk (volatility on return distribution) over the 30 days horizon.