|Horizon||30 Days Login to change|
Taurus Banking Market Sensitivity
|As returns on market increase, returns on owning Taurus Banking are expected to decrease at a much smaller rate. During bear market, Taurus Banking is likely to outperform the market.One Month Beta |Analyze Taurus Banking Fin Demand TrendCheck current 30 days Taurus Banking correlation with market (DOW)|
β = -0.3778
Taurus Banking Central Daily Price Deviation
Taurus Banking Fin Technical Analysis
Taurus Banking Projected Return Density Against MarketAssuming 30 trading days horizon, Taurus Banking Fin Services Div has beta of -0.3778 . This entails as returns on benchmark increase, returns on holding Taurus Banking are expected to decrease at a much smaller rate. During bear market, however, Taurus Banking Fin Services Div is likely to outperform the market. Moreover, Taurus Banking Fin Services Div has an alpha of 0.1965 implying that it can potentially generate 0.1965% excess return over DOW after adjusting for the inherited market risk (beta).
Taurus Banking Return VolatilityTaurus Banking Fin Services Div accepts 0.0% volatility on return distribution over the 30 days horizon. DOW inherits 1.1939% risk (volatility on return distribution) over the 30 days horizon.