|Horizon||30 Days Login to change|
Zenith Healthcare Market Sensitivity
Zenith Healthcare Technical Analysis
Zenith Healthcare Projected Return Density Against MarketAssuming 30 trading days horizon, Zenith Healthcare Ltd has beta of -0.2042 . This means as returns on benchmark increase, returns on holding Zenith Healthcare are expected to decrease at a much smaller rate. During bear market, however, Zenith Healthcare Ltd is likely to outperform the market. Additionally, Zenith Healthcare Ltd has a negative alpha implying that the risk taken by holding this equity is not justified. The company is significantly underperforming DOW
Zenith Healthcare Return VolatilityZenith Healthcare Ltd accepts 2.601% volatility on return distribution over the 30 days horizon. DOW inherits 1.1955% risk (volatility on return distribution) over the 30 days horizon.