Projected Return Density against MarketAssuming 30 trading days horizon, the fund has beta coefficient of 1.01 . This means ton Vance Enhanced Equity Incom market returns are very sensitive to returns on the market. As the market benchmark goes up or down, ton Vance is expected to follow. Additionally, ton Vance Enhanced Equity Incom has negative alpha implying that risk taken by holding this equity is not justified. The company is significantly underperforming S&P 500 Assuming 30 trading days horizon, the coefficient of variation of ton Vance is 549.55. The daily returns are destributed with a variance of 0.28 and standard deviation of 0.53. The mean deviation of ton Vance Enhanced Equity Incom is currently at 0.41. For similar time horizon, the selected benchmark (S&P 500) has volatility of 0.45
Actual Return Volatilityton Vance Enhanced Equity Incom shows 0.53% volatility of returns over 30 trading days. S&P 500 shows 0.45% volatility of returns over 30 trading days.
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ton Vance Enhanced Equity Incom has a volatility of 0.53 and is 1.18 times more volatile than S&P 500. 5% of all equities and portfolios are less risky than ton Vance. Compared with the overall equity markets, volatility of historical daily returns of ton Vance Enhanced Equity Incom is lower than 5 (%) of all global equities and portfolios over the last 30 days. Use ton Vance Enhanced Equity Incom to enhance returns of your portfolios. The fund experiences moderate upward volatility. Check odds of ton Vance to be traded at $15.27 in 30 days. ton Vance returns are very sensitive to returns on the market. As market goes up or down, ton Vance is expected to follow.
ton Vance correlation with market
ton Vance Current Risk Indicators
Suggested Divercification Pairs