Our way of measuring 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 SBI Magnum Multiplier Fund Reg Gr which you can use to evaluate future volatility of the entity. Please validate SBI Magnum Risk Adjusted Performance of
(0.13) and Market Risk Adjusted Performance of 10.67 to confirm if risk estimate we provide are consistent with the epected return of 0.0%.
|Horizon||30 Days Login to change|
SBI Magnum Market Sensitivity
|As returns on market increase, returns on owning SBI Magnum are expected to decrease at a much smaller rate. During bear market, SBI Magnum is likely to outperform the market. 2 Months Beta |Analyze SBI Magnum Multiplier Demand TrendCheck current 30 days SBI Magnum correlation with market (DOW)|
β = -0.0051
SBI Magnum Central Daily Price Deviation
SBI Magnum Multiplier Technical Analysis
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SBI Magnum Projected Return Density Against MarketAssuming 30 trading days horizon, SBI Magnum Multiplier Fund Reg Gr has beta of -0.0051 . This suggests as returns on benchmark increase, returns on holding SBI Magnum are expected to decrease at a much smaller rate. During bear market, however, SBI Magnum Multiplier Fund Reg Gr is likely to outperform the market. Additionally, The company has a negative alpha implying that the risk taken by holding this equity is not justified. SBI Magnum Multiplier is significantly underperforming DOW.
Predicted Return Density
|Alpha over DOW||=||0.05|
|Beta against DOW||=||0.0051|
SBI Magnum Return Volatilitythe fund accepts 0.0% volatility on return distribution over the 30 days horizon. the entity inherits 1.9737% risk (volatility on return distribution) over the 30 days horizon.
DOW has a standard deviation of returns of 1.97 and is 9.223372036854776E16 times more volatile than SBI Magnum Multiplier Fund Reg Gr. 0% of all equities and portfolios are less risky than SBI Magnum. Compared to the overall equity markets, volatility of historical daily returns of SBI Magnum Multiplier Fund Reg Gr is lower than 0 (%) of all global equities and portfolios over the last 30 days. Use SBI Magnum Multiplier Fund Reg Gr to enhance returns of your portfolios. The fund experiences normal upward fluctuation. Check odds of SBI Magnum to be traded at 216.91 in 30 days. . As returns on market increase, returns on owning SBI Magnum are expected to decrease at a much smaller rate. During bear market, SBI Magnum is likely to outperform the market.
SBI Magnum correlation with market