|Horizon||30 Days Login to change|
Victory Supermarket Market Sensitivity
|As returns on market increase, Victory Supermarket returns are expected to increase less than the market. However during bear market, the loss on holding Victory Supermarket will be expected to be smaller as well.One Month Beta |Analyze Victory Supermarket Demand TrendCheck current 30 days Victory Supermarket correlation with market (DOW)|
β = 0.0088
Victory Supermarket Technical Analysis
Victory Supermarket Projected Return Density Against MarketAssuming 30 trading days horizon, Victory Supermarket has beta of 0.0088 . This entails as returns on market go up, Victory Supermarket average returns are expected to increase less than the benchmark. However during bear market, the loss on holding Victory Supermarket Chain Ltd will be expected to be much smaller as well. Moreover, Victory Supermarket Chain Ltd has an alpha of 0.0639 implying that it can potentially generate 0.0639% excess return over DOW after adjusting for the inherited market risk (beta).
Predicted Return Density
Victory Supermarket Return VolatilityVictory Supermarket Chain Ltd accepts 0.541% volatility on return distribution over the 30 days horizon. DOW inherits 1.0603% risk (volatility on return distribution) over the 30 days horizon.