|Horizon||30 Days Login to change|
Welspun Investments Market Sensitivity
|One Month Beta |Analyze Welspun Investments and Demand TrendCheck current 30 days Welspun Investments correlation with market (DOW)|
β = -0.9938
Welspun Investments and Technical Analysis
Welspun Investments Projected Return Density Against MarketAssuming 30 trading days horizon, Welspun Investments and Commercials Limited has beta of -0.9938 . This means Moreover, Welspun Investments and Commercials Limited has an alpha of 0.7768 implying that it can potentially generate 0.7768% excess return over DOW after adjusting for the inherited market risk (beta).
Predicted Return Density
Welspun Investments Return VolatilityWelspun Investments and Commercials Limited accepts 2.1055% volatility on return distribution over the 30 days horizon. DOW inherits 0.444% risk (volatility on return distribution) over the 30 days horizon.