|Horizon||30 Days Login to change|
IDBI ST Market Sensitivity
|As returns on market increase, IDBI ST returns are expected to increase less than the market. However during bear market, the loss on holding IDBI ST will be expected to be smaller as well.One Month Beta |Analyze IDBI ST Bond Demand TrendCheck current 30 days IDBI ST correlation with market (DOW)|
β = 0.3565
IDBI ST Bond Technical Analysis
IDBI ST Projected Return Density Against MarketAssuming 30 trading days horizon, IDBI ST has beta of 0.3565 . This indicates as returns on market go up, IDBI ST average returns are expected to increase less than the benchmark. However during bear market, the loss on holding IDBI ST Bond Gr will be expected to be much smaller as well. Moreover, IDBI ST Bond Gr has an alpha of 0.0344 implying that it can potentially generate 0.0344% excess return over DOW after adjusting for the inherited market risk (beta).
Predicted Return Density
IDBI ST Return VolatilityIDBI ST Bond Gr accepts 0.0803% volatility on return distribution over the 30 days horizon. DOW inherits 0.4448% risk (volatility on return distribution) over the 30 days horizon.