|Horizon||30 Days Login to change|
I D Market Sensitivity
|As returns on market increase, returns on owning I D are expected to decrease at a much smaller rate. During bear market, I D is likely to outperform the market.One Month Beta |Analyze I D I Demand TrendCheck current 30 days I D correlation with market (DOW)|
β = -0.0021
I D I Technical Analysis
I D Projected Return Density Against MarketAssuming 30 trading days horizon, I D I Insurance Company Ltd has beta of -0.0021 . This indicates as returns on benchmark increase, returns on holding I D are expected to decrease at a much smaller rate. During bear market, however, I D I Insurance Company Ltd is likely to outperform the market. Additionally, I D I Insurance Company Ltd 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
I D Return VolatilityI D I Insurance Company Ltd accepts 0.8397% volatility on return distribution over the 30 days horizon. DOW inherits 1.0618% risk (volatility on return distribution) over the 30 days horizon.