|Horizon||30 Days Login to change|
T T Market Sensitivity
|As returns on market increase, T T returns are expected to increase less than the market. However during bear market, the loss on holding T T will be expected to be smaller as well.One Month Beta |Analyze T T Limited Demand TrendCheck current 30 days T T correlation with market (DOW)|
β = 0.3537
T T Central Daily Price Deviation
T T Limited Technical Analysis
T T Projected Return Density Against MarketAssuming 30 trading days horizon, T T has beta of 0.3537 . This entails as returns on market go up, T T average returns are expected to increase less than the benchmark. However during bear market, the loss on holding T T Limited will be expected to be much smaller as well. Moreover, T T Limited has an alpha of 0.4474 implying that it can potentially generate 0.4474% excess return over DOW after adjusting for the inherited market risk (beta).
T T Return VolatilityT T Limited assumes 3.0703% volatility of returns over the 30 days investment horizon. DOW inherits 1.2054% risk (volatility on return distribution) over the 30 days horizon.