Canara Robeco (India) Risk Analysis And Volatility

118300 -- India Fund  

INR 9.22  0.22  2.33%

Our philosophy towards 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 Canara Robeco Gold Savings Dir Div which you can use to evaluate future volatility of the entity. Please confirm Canara Robeco Gold Risk Adjusted Performance of (0.025722) and Mean Deviation of 0.8379 to double-check if risk estimate we provide are consistent with the epected return of 0.0%.

60 Days Market Risk

Unknown risk

Chance of Distress in 24 months

Unknown Odds

60 Days Economic Sensitivity

Insignificant
Horizon     30 Days    Login   to change

Canara Robeco Market Sensitivity

As returns on market increase, returns on owning Canara Robeco are expected to decrease at a much smaller rate. During bear market, Canara Robeco is likely to outperform the market.
2 Months Beta |Analyze Canara Robeco Gold Demand Trend
Check current 30 days Canara Robeco correlation with market (DOW)
β = -0.0888

Canara Robeco Central Daily Price Deviation

Canara Robeco Gold Technical Analysis

Transformation
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.

Canara Robeco Projected Return Density Against Market

Assuming 30 trading days horizon, Canara Robeco Gold Savings Dir Div has beta of -0.0888 . This suggests as returns on benchmark increase, returns on holding Canara Robeco are expected to decrease at a much smaller rate. During bear market, however, Canara Robeco Gold Savings Dir Div 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. Canara Robeco Gold is significantly underperforming DOW.
 Predicted Return Density 
      Returns 
α
Alpha over DOW
=0.07
β
Beta against DOW=0.09
σ
Overall volatility
=0.00
Ir
Information ratio =0.02

Canara Robeco Return Volatility

the fund accepts 0.0% volatility on return distribution over the 30 days horizon. the entity inherits 0.7732% risk (volatility on return distribution) over the 30 days horizon.
 Performance (%) 
      Timeline 

Canara Robeco Investment Opportunity

DOW has a standard deviation of returns of 0.77 and is 9.223372036854776E16 times more volatile than Canara Robeco Gold Savings Dir Div. 0% of all equities and portfolios are less risky than Canara Robeco. Compared to the overall equity markets, volatility of historical daily returns of Canara Robeco Gold Savings Dir Div is lower than 0 (%) of all global equities and portfolios over the last 30 days. Use Canara Robeco Gold Savings Dir Div to protect your portfolios against small markets fluctuations. The fund experiences unexpected downward movement. The market is reacting to new fundamentals. Check odds of Canara Robeco to be traded at 8.85 in 30 days. . As returns on market increase, returns on owning Canara Robeco are expected to decrease at a much smaller rate. During bear market, Canara Robeco is likely to outperform the market.

Canara Robeco correlation with market

correlation synergy
Good diversification
Overlapping area represents the amount of risk that can be diversified away by holding Canara Robeco Gold Savings Dir and equity matching DJI index in the same portfolio.

Canara Robeco Current Risk Indicators

Canara Robeco Suggested Diversification Pairs

Check also Trending Equities. Please also try Global Markets Map module to get a quick overview of global market snapshot using zoomable world map. drill down to check world indexes.
Search macroaxis.com