Canara Robeco (India) Risk Analysis And Volatility Evaluation

100597 -- India Fund  

INR 48.58  0.03  0.06%

Our philosophy towards foreseeing volatility of a fund is to use all available market data together with fund specific technical indicators that cannot be diversified away. We have found twenty-one technical indicators for Canara Robeco Gilt PGS Reg Gr which you can use to evaluate future volatility of the entity. Please confirm Canara Robeco Gilt Risk Adjusted Performance of 0.182 and Mean Deviation of 0.0345 to double-check if risk estimate we provide are consistent with the epected return of 0.0%.
Horizon     30 Days    Login   to change

Canara Robeco Market Sensitivity

As returns on market increase, returns on owning Canara Robeco are expected to decrease at a much smaller rate. During bear market, Canara Robeco is likely to outperform the market.
One Month Beta |Analyze Canara Robeco Gilt Demand Trend
Check current 30 days Canara Robeco correlation with market (DOW)
β = -0.0133

Canara Robeco Central Daily Price Deviation

Canara Robeco Gilt Technical Analysis

Transformation
We are not able to run technical analysis function on this symbol. We either do not have that equity or its historical data is not available at this time. Please try again later.

Canara Robeco Projected Return Density Against Market

Assuming 30 trading days horizon, Canara Robeco Gilt PGS Reg Gr has beta of -0.0133 . This suggests as returns on benchmark increase, returns on holding Canara Robeco are expected to decrease at a much smaller rate. During bear market, however, Canara Robeco Gilt PGS Reg Gr is likely to outperform the market. Moreover, Canara Robeco Gilt PGS Reg Gr has an alpha of 0.0074 implying that it can potentially generate 0.0074% excess return over DOW after adjusting for the inherited market risk (beta).
 Predicted Return Density 
      Returns 
α
Alpha over DOW
=0.0074
β
Beta against DOW=0.01
σ
Overall volatility
=0.00
Ir
Information ratio =2.02

Canara Robeco Return Volatility

Canara Robeco Gilt PGS Reg Gr accepts 0.0% volatility on return distribution over the 30 days horizon. DOW inherits 1.2054% risk (volatility on return distribution) over the 30 days horizon.
 Performance (%) 
      Timeline 

Market Risk Breakdown

Canara Robeco Volatility Factors

30 Days Market Risk

Unknown risk

Chance of Distress in 24 months

Unknown Distress

30 Days Economic Sensitivity

Insignificant

Investment Outlook

Canara Robeco Investment Opportunity

DOW has a standard deviation of returns of 1.21 and is 9.223372036854776E16 times more volatile than Canara Robeco Gilt PGS Reg Gr. 0% of all equities and portfolios are less risky than Canara Robeco. Compared to the overall equity markets, volatility of historical daily returns of Canara Robeco Gilt PGS Reg Gr is lower than 0 (%) of all global equities and portfolios over the last 30 days. Use Canara Robeco Gilt PGS Reg Gr to enhance returns of your portfolios. The fund experiences normal upward fluctuation. Check odds of Canara Robeco to be traded at 51.01 in 30 days. As returns on market increase, returns on owning Canara Robeco are expected to decrease at a much smaller rate. During bear market, Canara Robeco is likely to outperform the market.

Canara Robeco correlation with market

correlation synergy
Good diversification
Overlapping area represents the amount of risk that can be diversified away by holding Canara Robeco Gilt PGS Reg Gr and equity matching DJI index in the same portfolio.

Canara Robeco Volatility Indicators

Canara Robeco Gilt PGS Reg Gr Current Risk Indicators

Check also Trending Equities. Please also try Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.
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