|Horizon||30 Days Login to change|
Natraj Proteins Market Sensitivity
|Natraj Proteins returns are very sensitive to returns on the market. As market goes up or down, Natraj Proteins is expected to follow.One Month Beta |Analyze Natraj Proteins Demand TrendCheck current 30 days Natraj Proteins correlation with market (DOW)|
β = 1.0303
Natraj Proteins Technical Analysis
Natraj Proteins Projected Return Density Against MarketAssuming 30 trading days horizon, the stock has beta coefficient of 1.0303 indicating Natraj Proteins Ltd market returns are very sensitive to returns on the market. As the market benchmark goes up or down, Natraj Proteins is expected to follow. Moreover, Natraj Proteins Ltd has an alpha of 0.6684 implying that it can potentially generate 0.6684% excess return over DOW after adjusting for the inherited market risk (beta).
Predicted Return Density
Natraj Proteins Return VolatilityNatraj Proteins Ltd accepts 1.8111% volatility on return distribution over the 30 days horizon. DOW inherits 0.4541% risk (volatility on return distribution) over the 30 days horizon.