|Horizon||30 Days Login to change|
SBI FMCG Market Sensitivity
|As returns on market increase, SBI FMCG returns are expected to increase less than the market. However during bear market, the loss on holding SBI FMCG will be expected to be smaller as well.One Month Beta |Analyze SBI FMCG Dir Demand TrendCheck current 30 days SBI FMCG correlation with market (DOW)|
β = 0.0254
SBI FMCG Dir Technical Analysis
SBI FMCG Projected Return Density Against MarketAssuming 30 trading days horizon, SBI FMCG has beta of 0.0254 . This entails as returns on market go up, SBI FMCG average returns are expected to increase less than the benchmark. However during bear market, the loss on holding SBI FMCG Dir Gr will be expected to be much smaller as well. Additionally, SBI FMCG Dir Gr 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
SBI FMCG Return VolatilitySBI FMCG Dir Gr accepts 0.1793% volatility on return distribution over the 30 days horizon. DOW inherits 0.444% risk (volatility on return distribution) over the 30 days horizon.