|Horizon||30 Days Login to change|
Intellect Design Market Sensitivity
|As market goes up, the company is expected to significantly outperform it. However, if the market returns are negative, Intellect Design will likely underperform.One Month Beta |Analyze Intellect Design Arena Demand TrendCheck current 30 days Intellect Design correlation with market (DOW)|
β = 1.9491
Intellect Design Arena Technical Analysis
Intellect Design Projected Return Density Against MarketAssuming 30 trading days horizon, the stock has beta coefficient of 1.9491 . This indicates as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are expected to be negative, Intellect Design will likely underperform. Moreover, Intellect Design Arena Limited has an alpha of 0.187 implying that it can potentially generate 0.187% excess return over DOW after adjusting for the inherited market risk (beta).
Predicted Return Density
Intellect Design Return VolatilityIntellect Design Arena Limited accepts 4.1074% volatility on return distribution over the 30 days horizon. DOW inherits 0.389% risk (volatility on return distribution) over the 30 days horizon.