|Horizon||30 Days Login to change|
Inter Industries Market Sensitivity
|As returns on market increase, returns on owning Inter Industries are expected to decrease at a much smaller rate. During bear market, Inter Industries is likely to outperform the market.One Month Beta |Analyze Inter Industries Demand TrendCheck current 30 days Inter Industries correlation with market (DOW)|
β = -0.0636
Inter Industries Technical Analysis
Inter Industries Projected Return Density Against MarketAssuming 30 trading days horizon, Inter Industries Ltd has beta of -0.0636 . This indicates as returns on benchmark increase, returns on holding Inter Industries are expected to decrease at a much smaller rate. During bear market, however, Inter Industries Ltd is likely to outperform the market. Additionally, Inter Industries 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
Inter Industries Return VolatilityInter Industries Ltd accepts 0.6138% volatility on return distribution over the 30 days horizon. DOW inherits 1.0565% risk (volatility on return distribution) over the 30 days horizon.