|Horizon||30 Days Login to change|
Taurus Banking Market Sensitivity
|As returns on market increase, Taurus Banking returns are expected to increase less than the market. However during bear market, the loss on holding Taurus Banking will be expected to be smaller as well.One Month Beta |Analyze Taurus Banking Fin Demand TrendCheck current 30 days Taurus Banking correlation with market (DOW)|
β = 0.1384
Taurus Banking Fin Technical Analysis
Taurus Banking Projected Return Density Against MarketAssuming 30 trading days horizon, Taurus Banking has beta of 0.1384 . This entails as returns on market go up, Taurus Banking average returns are expected to increase less than the benchmark. However during bear market, the loss on holding Taurus Banking Fin Services Div will be expected to be much smaller as well. Additionally, Taurus Banking Fin Services Div 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
Taurus Banking Return VolatilityTaurus Banking Fin Services Div accepts 4.9989% volatility on return distribution over the 30 days horizon. DOW inherits 0.4303% risk (volatility on return distribution) over the 30 days horizon.