|Horizon||30 Days Login to change|
Indian Oil Market Sensitivity
Indian Oil Limited Technical Analysis
Indian Oil Projected Return Density Against MarketAssuming 30 trading days horizon, the stock has beta coefficient of 1.0884 . This indicates Indian Oil Corporation Limited market returns are very sensitive to returns on the market. As the market benchmark goes up or down, Indian Oil is expected to follow. Moreover, Indian Oil Corporation Limited has an alpha of 0.9785 implying that it can potentially generate 0.9785% excess return over DOW after adjusting for the inherited market risk (beta).
Indian Oil Return VolatilityIndian Oil Corporation Limited assumes 4.1224% volatility of returns over the 30 days investment horizon. DOW inherits 1.225% risk (volatility on return distribution) over the 30 days horizon.