Our way in which we are 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 1005971 which you can use to evaluate future volatility of the entity. Please confirm 1005971 Standard Deviation of 5.18, Market Risk Adjusted Performance of 0.2536 and Coefficient Of Variation of
(3,512) to double-check if risk estimate we provide are consistent with the epected return of 0.0%.
|Horizon||30 Days Login to change|
1005971 Market Sensitivity
|As returns on market increase, returns on owning 1005971 are expected to decrease at a much smaller rate. During bear market, 1005971 is likely to outperform the market.2 Months Beta |Analyze 1005971 Demand TrendCheck current 30 days 1005971 correlation with market (DOW)|
β = -0.6465
1005971 Central Daily Price Deviation
1005971 Technical Analysis
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.
1005971 Projected Return Density Against MarketAssuming 30 trading days horizon, 1005971 has beta of -0.6465 . This suggests as returns on benchmark increase, returns on holding 1005971 are expected to decrease at a much smaller rate. During bear market, however, 1005971 is likely to outperform the market. Additionally, 1005971 has a negative alpha implying that the risk taken by holding this equity is not justified. The company is significantly underperforming DOW
Predicted Return Density
|Alpha over DOW||=||0.26|
|Beta against DOW||=||0.65|
1005971 Return Volatility1005971 accepts 0.0% volatility on return distribution over the 30 days horizon. DOW inherits 1.3328% risk (volatility on return distribution) over the 30 days horizon.
View associations between returns expected from investment and the risk you assume
|All Next||Launch Risk-Return Analysis|
DOW has a standard deviation of returns of 1.33 and is 9.223372036854776E16 times more volatile than 1005971. 0% of all equities and portfolios are less risky than 1005971. Compared to the overall equity markets, volatility of historical daily returns of 1005971 is lower than 0 (%) of all global equities and portfolios over the last 30 days. Use 1005971 to protect against small markets fluctuations. The fund experiences very speculative upward sentiment.. Check odds of 1005971 to be traded at $22.03 in 30 days. As returns on market increase, returns on owning 1005971 are expected to decrease at a much smaller rate. During bear market, 1005971 is likely to outperform the market.
1005971 correlation with market
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