HDFC Multiple (India) Risk Analysis And Volatility Evaluation

103130 -- India Fund  

INR 11.38  0.06  0.52%

Our approach into determining 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 HDFC Multiple Yield which you can use to evaluate future volatility of the entity. Please check out HDFC Multiple Market Risk Adjusted Performance of 12.78 and Risk Adjusted Performance of 0.2351 to validate if risk estimate we provide are consistent with the epected return of 0.0%.
Horizon     30 Days    Login   to change

HDFC Multiple Market Sensitivity

As returns on market increase, HDFC Multiple returns are expected to increase less than the market. However during bear market, the loss on holding HDFC Multiple will be expected to be smaller as well.
One Month Beta |Analyze HDFC Multiple Yield Demand Trend
Check current 30 days HDFC Multiple correlation with market (DOW)
β = 0.0089
HDFC Multiple Small BetaHDFC Multiple Yield Beta Legend

HDFC Multiple Yield Technical Analysis

Transformation
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HDFC Multiple Projected Return Density Against Market

Assuming 30 trading days horizon, HDFC Multiple has beta of 0.0089 . This suggests as returns on market go up, HDFC Multiple average returns are expected to increase less than the benchmark. However during bear market, the loss on holding HDFC Multiple Yield 2005 Div will be expected to be much smaller as well. Moreover, HDFC Multiple Yield 2005 Div has an alpha of 0.1128 implying that it can potentially generate 0.1128% excess return over DOW after adjusting for the inherited market risk (beta).
 Predicted Return Density 
      Returns 
α
Alpha over DOW
=0.11
β
Beta against DOW=0.0089
σ
Overall volatility
=0.00
Ir
Information ratio =0.11

HDFC Multiple Return Volatility

HDFC Multiple Yield 2005 Div accepts 0.0% volatility on return distribution over the 30 days horizon. DOW inherits 0.389% risk (volatility on return distribution) over the 30 days horizon.
 Performance (%) 
      Timeline 

Market Risk Breakdown

HDFC Multiple Volatility Factors

30 Days Market Risk

Unknown risk

Chance of Distress in 24 months

Unknown Distress

30 Days Economic Sensitivity

Unaffected

Investment Outlook

HDFC Multiple Investment Opportunity

DOW has a standard deviation of returns of 0.39 and is 9.223372036854776E16 times more volatile than HDFC Multiple Yield 2005 Div. 0% of all equities and portfolios are less risky than HDFC Multiple. Compared to the overall equity markets, volatility of historical daily returns of HDFC Multiple Yield 2005 Div is lower than 0 (%) of all global equities and portfolios over the last 30 days. Use HDFC Multiple Yield 2005 Div to protect against small markets fluctuations. The fund experiences moderate downward daily trend and can be a good diversifier. Check odds of HDFC Multiple to be traded at 11.15 in 30 days. As returns on market increase, HDFC Multiple returns are expected to increase less than the market. However during bear market, the loss on holding HDFC Multiple will be expected to be smaller as well.

HDFC Multiple correlation with market

Significant diversification
Overlapping area represents the amount of risk that can be diversified away by holding HDFC Multiple Yield 2005 Div and equity matching DJI index in the same portfolio.

HDFC Multiple Volatility Indicators

HDFC Multiple Yield 2005 Div Current Risk Indicators

Check also Trending Equities. Please also try Price Transformation module to use price transformation models to analyze depth of different equity instruments across global markets.
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