|Horizon||30 Days Login to change|
TPL Plastech Market Sensitivity
TPL Plastech Limited Technical Analysis
TPL Plastech Projected Return Density Against MarketAssuming 30 trading days horizon, TPL Plastech Limited has beta of -0.1627 . This entails as returns on benchmark increase, returns on holding TPL Plastech are expected to decrease at a much smaller rate. During bear market, however, TPL Plastech Limited is likely to outperform the market. Additionally, TPL Plastech Limited has a negative alpha implying that the risk taken by holding this equity is not justified. The company is significantly underperforming DOW
TPL Plastech Return VolatilityTPL Plastech Limited accepts 1.863% volatility on return distribution over the 30 days horizon. DOW inherits 1.1955% risk (volatility on return distribution) over the 30 days horizon.