|Horizon||30 Days Login to change|
P C Market Sensitivity
|As returns on market increase, returns on owning P C are expected to decrease at a much smaller rate. During bear market, P C is likely to outperform the market.One Month Beta |Analyze P C B Demand TrendCheck current 30 days P C correlation with market (DOW)|
β = -0.2228
P C B Technical Analysis
P C Projected Return Density Against MarketAssuming 30 trading days horizon, P C B Technologies Ltd has beta of -0.2228 . This implies as returns on benchmark increase, returns on holding P C are expected to decrease at a much smaller rate. During bear market, however, P C B Technologies Ltd is likely to outperform the market. Moreover, P C B Technologies Ltd has an alpha of 0.1538 implying that it can potentially generate 0.1538% excess return over DOW after adjusting for the inherited market risk (beta).
Predicted Return Density
P C Return VolatilityP C B Technologies Ltd accepts 0.9215% volatility on return distribution over the 30 days horizon. DOW inherits 1.0635% risk (volatility on return distribution) over the 30 days horizon.