|Horizon||30 Days Login to change|
Solegreen Ltd Market Sensitivity
Solegreen Ltd Technical Analysis
Solegreen Ltd Projected Return Density Against MarketAssuming 30 trading days horizon, Solegreen Ltd has beta of 0.0329 . This entails as returns on market go up, Solegreen Ltd average returns are expected to increase less than the benchmark. However during bear market, the loss on holding Solegreen Ltd will be expected to be much smaller as well. Moreover, Solegreen Ltd has an alpha of 0.0289 implying that it can potentially generate 0.0289% excess return over DOW after adjusting for the inherited market risk (beta).
Solegreen Ltd Return VolatilitySolegreen Ltd accepts 1.6606% volatility on return distribution over the 30 days horizon. DOW inherits 1.3105% risk (volatility on return distribution) over the 30 days horizon.