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 Arbitrage Retl which you can use to evaluate future volatility of the entity. Please check out HDFC Arbitrage Risk Adjusted Performance of 0.2613 and Market Risk Adjusted Performance of
(1.89) to validate if risk estimate we provide are consistent with the epected return of 0.0%.
|Horizon||30 Days Login to change|
HDFC Arbitrage Market Sensitivity
|As returns on market increase, returns on owning HDFC Arbitrage are expected to decrease at a much smaller rate. During bear market, HDFC Arbitrage is likely to outperform the market. 2 Months Beta |Analyze HDFC Arbitrage Retl Demand TrendCheck current 30 days HDFC Arbitrage correlation with market (DOW)|
β = -0.0055
HDFC Arbitrage Central Daily Price Deviation
HDFC Arbitrage Retl Technical Analysis
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HDFC Arbitrage Projected Return Density Against MarketAssuming 30 trading days horizon, HDFC Arbitrage Retl Qt Div has beta of -0.0055 . This suggests as returns on benchmark increase, returns on holding HDFC Arbitrage are expected to decrease at a much smaller rate. During bear market, however, HDFC Arbitrage Retl Qt Div is likely to outperform the market. Moreover, The company has an alpha of 0.0118 implying that it can potentially generate 0.0118% excess return over DOW after adjusting for the inherited market risk (beta).
Predicted Return Density
|Alpha over DOW||=||0.0118|
|Beta against DOW||=||0.0055|
HDFC Arbitrage Return Volatilitythe fund accepts 0.0% volatility on return distribution over the 30 days horizon. the entity inherits 1.5638% risk (volatility on return distribution) over the 30 days horizon.
DOW has a standard deviation of returns of 1.56 and is 9.223372036854776E16 times more volatile than HDFC Arbitrage Retl Qt Div. 0% of all equities and portfolios are less risky than HDFC Arbitrage. Compared to the overall equity markets, volatility of historical daily returns of HDFC Arbitrage Retl Qt Div is lower than 0 (%) of all global equities and portfolios over the last 30 days. Use HDFC Arbitrage Retl Qt Div to protect your portfolios against small markets fluctuations. The fund experiences normal downward trend, but the immediate impact on correlations cannot be determined at the moment . Check odds of HDFC Arbitrage to be traded at 14.46 in 30 days. . As returns on market increase, returns on owning HDFC Arbitrage are expected to decrease at a much smaller rate. During bear market, HDFC Arbitrage is likely to outperform the market.
HDFC Arbitrage correlation with market