|Horizon||30 Days Login to change|
P L Market Sensitivity
|As returns on market increase, returns on owning P L are expected to decrease at a much smaller rate. During bear market, P L is likely to outperform the market.One Month Beta |Analyze P L T Demand TrendCheck current 30 days P L correlation with market (DOW)|
β = -0.1426
P L T Technical Analysis
P L Projected Return Density Against MarketAssuming 30 trading days horizon, P L T Financial Services Ltd has beta of -0.1426 . This implies as returns on benchmark increase, returns on holding P L are expected to decrease at a much smaller rate. During bear market, however, P L T Financial Services Ltd is likely to outperform the market. Additionally, P L T Financial Services Ltd 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
P L Return VolatilityP L T Financial Services Ltd accepts 0.0922% volatility on return distribution over the 30 days horizon. DOW inherits 1.0635% risk (volatility on return distribution) over the 30 days horizon.