|Horizon||30 Days Login to change|
IITL PROJECTS Market Sensitivity
|As returns on market increase, returns on owning IITL PROJECTS are expected to decrease at a much smaller rate. During bear market, IITL PROJECTS is likely to outperform the market.One Month Beta |Analyze IITL PROJECTS LIMITED Demand TrendCheck current 30 days IITL PROJECTS correlation with market (DOW)|
β = -0.4797
IITL PROJECTS LIMITED Technical Analysis
IITL PROJECTS Projected Return Density Against MarketAssuming 30 trading days horizon, IITL PROJECTS LIMITED has beta of -0.4797 . This indicates as returns on benchmark increase, returns on holding IITL PROJECTS are expected to decrease at a much smaller rate. During bear market, however, IITL PROJECTS LIMITED is likely to outperform the market. Moreover, IITL PROJECTS LIMITED has an alpha of 0.2793 implying that it can potentially generate 0.2793% excess return over DOW after adjusting for the inherited market risk (beta).
Predicted Return Density
IITL PROJECTS Return VolatilityIITL PROJECTS LIMITED accepts 0.0% volatility on return distribution over the 30 days horizon. DOW inherits 0.3625% risk (volatility on return distribution) over the 30 days horizon.