|Horizon||30 Days Login to change|
Paz Oil Market Sensitivity
Paz Oil Technical Analysis
Paz Oil Projected Return Density Against MarketAssuming 30 trading days horizon, Paz Oil Company Ltd has beta of -0.2091 . This implies as returns on benchmark increase, returns on holding Paz Oil are expected to decrease at a much smaller rate. During bear market, however, Paz Oil Company Ltd is likely to outperform the market. Additionally, Paz Oil Company Ltd has a negative alpha implying that the risk taken by holding this equity is not justified. The company is significantly underperforming DOW
Paz Oil Return VolatilityPaz Oil Company Ltd accepts 1.2436% volatility on return distribution over the 30 days horizon. DOW inherits 1.3105% risk (volatility on return distribution) over the 30 days horizon.