|Horizon||30 Days Login to change|
PLATINUM CORPORATION Market Sensitivity
|As returns on market increase, returns on owning PLATINUM CORPORATION are expected to decrease by larger amounts. On the other hand, during market turmoil, PLATINUM CORPORATION is expected to significantly outperform it.One Month Beta |Analyze PLATINUM CORPORATION LTD Demand TrendCheck current 30 days PLATINUM CORPORATION correlation with market (DOW)|
β = -4.0581
PLATINUM CORPORATION LTD Technical Analysis
PLATINUM CORPORATION Projected Return Density Against MarketAssuming 30 trading days horizon, PLATINUM CORPORATION LTD has beta of -4.0581 . This implies as returns on its benchmark rise, returns on holding PLATINUM CORPORATION LTD are expected to decrease by similarly larger amounts. On the other hand, during market turmoils, PLATINUM CORPORATION is expected to outperform its benchmark. In addition to that, PLATINUM CORPORATION LTD has an alpha of 2.0044 implying that it can potentially generate 2.0044% excess return over DOW after adjusting for the inherited market risk (beta).
Predicted Return Density
PLATINUM CORPORATION Return VolatilityPLATINUM CORPORATION LTD accepts 0.0% volatility on return distribution over the 30 days horizon. DOW inherits 0.389% risk (volatility on return distribution) over the 30 days horizon.