|Horizon||30 Days Login to change|
Shagrir Group Market Sensitivity
|As returns on market increase, Shagrir Group returns are expected to increase less than the market. However during bear market, the loss on holding Shagrir Group will be expected to be smaller as well.One Month Beta |Analyze Shagrir Group Vehicle Demand TrendCheck current 30 days Shagrir Group correlation with market (DOW)|
β = 0.2446
Shagrir Group Vehicle Technical Analysis
Shagrir Group Projected Return Density Against MarketAssuming 30 trading days horizon, Shagrir Group has beta of 0.2446 . This entails as returns on market go up, Shagrir Group average returns are expected to increase less than the benchmark. However during bear market, the loss on holding Shagrir Group Vehicle Services Ltd will be expected to be much smaller as well. Moreover, Shagrir Group Vehicle Services Ltd has an alpha of 0.298 implying that it can potentially generate 0.298% excess return over DOW after adjusting for the inherited market risk (beta).
Predicted Return Density
Shagrir Group Return VolatilityShagrir Group Vehicle Services Ltd accepts 1.8787% volatility on return distribution over the 30 days horizon. DOW inherits 1.0635% risk (volatility on return distribution) over the 30 days horizon.