|Horizon||30 Days Login to change|
Rimoni Industries Market Sensitivity
Rimoni Industries Technical Analysis
Rimoni Industries Projected Return Density Against MarketAssuming 30 trading days horizon, Rimoni Industries has beta of 0.1913 . This implies as returns on market go up, Rimoni Industries average returns are expected to increase less than the benchmark. However during bear market, the loss on holding Rimoni Industries Ltd will be expected to be much smaller as well. Moreover, Rimoni Industries Ltd has an alpha of 0.1578 implying that it can potentially generate 0.1578% excess return over DOW after adjusting for the inherited market risk (beta).
Rimoni Industries Return VolatilityRimoni Industries Ltd accepts 1.142% volatility on return distribution over the 30 days horizon. DOW inherits 1.2918% risk (volatility on return distribution) over the 30 days horizon.