|Horizon||30 Days Login to change|
SATYA MINERS Market Sensitivity
|As returns on market increase, SATYA MINERS returns are expected to increase less than the market. However during bear market, the loss on holding SATYA MINERS will be expected to be smaller as well.One Month Beta |Analyze SATYA MINERS TRANSPO Demand TrendCheck current 30 days SATYA MINERS correlation with market (DOW)|
β = 0.0339
SATYA MINERS TRANSPO Technical Analysis
SATYA MINERS Projected Return Density Against MarketAssuming 30 trading days horizon, SATYA MINERS has beta of 0.0339 . This entails as returns on market go up, SATYA MINERS average returns are expected to increase less than the benchmark. However during bear market, the loss on holding SATYA MINERS TRANSPORTERS LT will be expected to be much smaller as well. Additionally, SATYA MINERS TRANSPORTERS LT 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
SATYA MINERS Return VolatilitySATYA MINERS TRANSPORTERS LT accepts 1.0648% volatility on return distribution over the 30 days horizon. DOW inherits 0.4303% risk (volatility on return distribution) over the 30 days horizon.