|Horizon||30 Days Login to change|
Lesico Ltd Market Sensitivity
|As returns on market increase, Lesico Ltd returns are expected to increase less than the market. However during bear market, the loss on holding Lesico Ltd will be expected to be smaller as well.One Month Beta |Analyze Lesico Ltd Demand TrendCheck current 30 days Lesico Ltd correlation with market (DOW)|
β = 0.0885
Lesico Ltd Technical Analysis
Lesico Ltd Projected Return Density Against MarketAssuming 30 trading days horizon, Lesico Ltd has beta of 0.0885 indicating as returns on market go up, Lesico Ltd average returns are expected to increase less than the benchmark. However during bear market, the loss on holding Lesico Ltd will be expected to be much smaller as well. Additionally, Lesico 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
Lesico Ltd Return VolatilityLesico Ltd accepts 2.2468% volatility on return distribution over the 30 days horizon. DOW inherits 1.0373% risk (volatility on return distribution) over the 30 days horizon.