|Horizon||30 Days Login to change|
PENNAR ALUMINIUM Market Sensitivity
PENNAR ALUMINIUM LTD Technical Analysis
PENNAR ALUMINIUM Projected Return Density Against MarketAssuming 30 trading days horizon, PENNAR ALUMINIUM has beta of 0.1922 . This implies as returns on market go up, PENNAR ALUMINIUM average returns are expected to increase less than the benchmark. However during bear market, the loss on holding PENNAR ALUMINIUM LTD will be expected to be much smaller as well. Additionally, PENNAR ALUMINIUM LTD has a negative alpha implying that the risk taken by holding this equity is not justified. The company is significantly underperforming DOW
PENNAR ALUMINIUM Return VolatilityPENNAR ALUMINIUM LTD accepts 0.0% volatility on return distribution over the 30 days horizon. DOW inherits 1.1996% risk (volatility on return distribution) over the 30 days horizon.