|Horizon||30 Days Login to change|
IndusInd Bank Market Sensitivity
|As returns on market increase, IndusInd Bank returns are expected to increase less than the market. However during bear market, the loss on holding IndusInd Bank will be expected to be smaller as well.One Month Beta |Analyze IndusInd Bank Limited Demand TrendCheck current 30 days IndusInd Bank correlation with market (DOW)|
β = 0.4189
IndusInd Bank Limited Technical Analysis
IndusInd Bank Projected Return Density Against MarketAssuming 30 trading days horizon, IndusInd Bank has beta of 0.4189 . This indicates as returns on market go up, IndusInd Bank average returns are expected to increase less than the benchmark. However during bear market, the loss on holding IndusInd Bank Limited will be expected to be much smaller as well. Additionally, IndusInd Bank Limited 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
IndusInd Bank Return VolatilityIndusInd Bank Limited accepts 1.5793% volatility on return distribution over the 30 days horizon. DOW inherits 0.3947% risk (volatility on return distribution) over the 30 days horizon.