Our approach to 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 BOI AXA Equity Reg Bns which you can use to evaluate future volatility of the entity. Please confirm BOI AXA Equity Mean Deviation of 1.67 and Risk Adjusted Performance of
(0.15) to double-check if risk estimate we provide are consistent with the epected return of 0.0%.
|Horizon||30 Days Login to change|
BOI AXA Market Sensitivity
|As returns on market increase, BOI AXA returns are expected to increase less than the market. However during bear market, the loss on holding BOI AXA will be expected to be smaller as well. 2 Months Beta |Analyze BOI AXA Equity Demand TrendCheck current 30 days BOI AXA correlation with market (DOW)|
β = 0.0985
BOI AXA Central Daily Price Deviation
BOI AXA Equity Technical Analysis
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BOI AXA Projected Return Density Against MarketAssuming 30 trading days horizon, BOI AXA has beta of 0.0985 . This suggests as returns on market go up, BOI AXA average returns are expected to increase less than the benchmark. However during bear market, the loss on holding BOI AXA Equity Reg Bns 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. BOI AXA Equity is significantly underperforming DOW.
Predicted Return Density
|Alpha over DOW||=||0.24|
|Beta against DOW||=||0.1|
BOI AXA Return Volatilitythe fund accepts 0.0% volatility on return distribution over the 30 days horizon. the entity inherits 1.9% risk (volatility on return distribution) over the 30 days horizon.
DOW has a standard deviation of returns of 1.9 and is 9.223372036854776E16 times more volatile than BOI AXA Equity Reg Bns. 0% of all equities and portfolios are less risky than BOI AXA. Compared to the overall equity markets, volatility of historical daily returns of BOI AXA Equity Reg Bns is lower than 0 (%) of all global equities and portfolios over the last 30 days. Use BOI AXA Equity Reg Bns to protect your portfolios against small markets fluctuations. The fund experiences moderate downward daily trend and can be a good diversifier. Check odds of BOI AXA to be traded at 31.5 in 30 days. . As returns on market increase, BOI AXA returns are expected to increase less than the market. However during bear market, the loss on holding BOI AXA will be expected to be smaller as well.
BOI AXA correlation with market