|Horizon||30 Days Login to change|
UTI Balanced Market Sensitivity
|As market goes up, the company is expected to significantly outperform it. However, if the market returns are negative, UTI Balanced will likely underperform.One Month Beta |Analyze UTI Balanced Gr Demand TrendCheck current 30 days UTI Balanced correlation with market (DOW)|
β = 4.2137
UTI Balanced Gr Technical Analysis
UTI Balanced Projected Return Density Against MarketAssuming 30 trading days horizon, the fund has beta coefficient of 4.2137 . This entails as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are expected to be negative, UTI Balanced will likely underperform. Moreover, UTI Balanced Gr has an alpha of 0.5031 implying that it can potentially generate 0.5031% excess return over DOW after adjusting for the inherited market risk (beta).
Predicted Return Density
UTI Balanced Return VolatilityUTI Balanced Gr accepts 0.0% volatility on return distribution over the 30 days horizon. DOW inherits 0.3625% risk (volatility on return distribution) over the 30 days horizon.