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 10669841 which you can use to evaluate future volatility of the entity. Please confirm 10669841 Market Risk Adjusted Performance of
(0.37), Standard Deviation of 3.31 and Coefficient Of Variation of (4,903) to double-check if risk estimate we provide are consistent with the epected return of 0.0%.
|Horizon||30 Days Login to change|
10669841 Market Sensitivity
|As returns on market increase, 10669841 returns are expected to increase less than the market. However during bear market, the loss on holding 10669841 will be expected to be smaller as well. 2 Months Beta |Analyze 10669841 Demand TrendCheck current 30 days 10669841 correlation with market (DOW)|
β = 0.2063
10669841 Central Daily Price Deviation
10669841 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.
10669841 Projected Return Density Against MarketAssuming 30 trading days horizon, 10669841 has beta of 0.2063 . This suggests as returns on market go up, 10669841 average returns are expected to increase less than the benchmark. However during bear market, the loss on holding 10669841 will be expected to be much smaller as well. Additionally, The company has a negative alpha implying that the risk taken by holding this equity is not justified. 10669841 is significantly underperforming DOW.
Predicted Return Density
|Alpha over DOW||=||0.07|
|Beta against DOW||=||0.21|
10669841 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.
Reduce portfolio risk simply by holding instruments which are not perfectly correlated
|All Next||Launch Correlation Analysis|
DOW has a standard deviation of returns of 1.99 and is 9.223372036854776E16 times more volatile than 10669841. 0% of all equities and portfolios are less risky than 10669841. Compared to the overall equity markets, volatility of historical daily returns of 10669841 is lower than 0 (%) of all global equities and portfolios over the last 30 days. Use 10669841 to protect your portfolios against small markets fluctuations. The fund experiences normal downward trend and little activity. Check odds of 10669841 to be traded at £20.18 in 30 days. . As returns on market increase, 10669841 returns are expected to increase less than the market. However during bear market, the loss on holding 10669841 will be expected to be smaller as well.
10669841 correlation with market
Check also Trending Equities. Please also try Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.