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 Mean Deviation of 0.0345 and Risk Adjusted Performance of 0.2872 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. 2 Months Beta |Analyze Canara Robeco Gilt Demand TrendCheck current 30 days Canara Robeco correlation with market (DOW)|
β = -0.0063
Canara Robeco Central Daily Price Deviation
Canara Robeco Gilt Technical Analysis
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Canara Robeco Projected Return Density Against MarketAssuming 30 trading days horizon, Canara Robeco Gilt PGS Reg Gr has beta of -0.0063 . 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, The company has an alpha of 0.0086 implying that it can potentially generate 0.0086% excess return over DOW after adjusting for the inherited market risk (beta).
Predicted Return Density
|Alpha over DOW||=||0.0086|
|Beta against DOW||=||0.0063|
Canara Robeco Return Volatilitythe fund accepts 0.0% volatility on return distribution over the 30 days horizon. the entity inherits 1.9932% risk (volatility on return distribution) over the 30 days horizon.
DOW has a standard deviation of returns of 1.99 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