|Horizon||30 Days Login to change|
Ucal Fuel Market Sensitivity
|As returns on market increase, returns on owning Ucal Fuel are expected to decrease by larger amounts. On the other hand, during market turmoil, Ucal Fuel is expected to significantly outperform it.One Month Beta |Analyze Ucal Fuel Systems Demand TrendCheck current 30 days Ucal Fuel correlation with market (DOW)|
β = -2.8995
Ucal Fuel Systems Technical Analysis
Ucal Fuel Projected Return Density Against MarketAssuming 30 trading days horizon, Ucal Fuel Systems Limited has beta of -2.8995 . This entails as returns on its benchmark rise, returns on holding Ucal Fuel Systems Limited are expected to decrease by similarly larger amounts. On the other hand, during market turmoils, Ucal Fuel is expected to outperform its benchmark. Moreover, Ucal Fuel Systems Limited has an alpha of 0.4917 implying that it can potentially generate 0.4917% excess return over DOW after adjusting for the inherited market risk (beta).
Predicted Return Density
Ucal Fuel Return VolatilityUcal Fuel Systems Limited accepts 3.3628% volatility on return distribution over the 30 days horizon. DOW inherits 0.444% risk (volatility on return distribution) over the 30 days horizon.