|Horizon||30 Days Login to change|
Tedea Technological Market Sensitivity
|One Month Beta |Analyze Tedea Technological Demand TrendCheck current 30 days Tedea Technological correlation with market (DOW)|
β = -1.079
Tedea Technological Technical Analysis
Tedea Technological Projected Return Density Against MarketAssuming 30 trading days horizon, Tedea Technological Development and Automation Ltd has beta of -1.079 . This entails Additionally, Tedea Technological Development and Automation Ltd 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
Tedea Technological Return VolatilityTedea Technological Development and Automation Ltd accepts 2.3884% volatility on return distribution over the 30 days horizon. DOW inherits 1.088% risk (volatility on return distribution) over the 30 days horizon.