|Horizon||30 Days Login to change|
Mafatlal Industries Market Sensitivity
|As returns on market increase, Mafatlal Industries returns are expected to increase less than the market. However during bear market, the loss on holding Mafatlal Industries will be expected to be smaller as well.One Month Beta |Analyze Mafatlal Industries Demand TrendCheck current 30 days Mafatlal Industries correlation with market (DOW)|
β = 0.4503
Mafatlal Industries Technical Analysis
Mafatlal Industries Projected Return Density Against MarketAssuming 30 trading days horizon, Mafatlal Industries has beta of 0.4503 indicating as returns on market go up, Mafatlal Industries average returns are expected to increase less than the benchmark. However during bear market, the loss on holding Mafatlal Industries Limited will be expected to be much smaller as well. Additionally, Mafatlal Industries 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
Mafatlal Industries Return VolatilityMafatlal Industries Limited accepts 2.7202% volatility on return distribution over the 30 days horizon. DOW inherits 0.3947% risk (volatility on return distribution) over the 30 days horizon.