Sundaram Growth (India) Risk Analysis And Volatility Evaluation

119592 -- India Fund  

INR 121.20  0.00  0.00%

Our philosophy towards measuring 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 Sundaram Growth Dir Gr which you can use to evaluate future volatility of the fund. Please validate Sundaram Growth Coefficient Of Variation of 54997.66 and Risk Adjusted Performance of (0.020582) to confirm if risk estimate we provide are consistent with the epected return of 0.0%.
Horizon     30 Days    Login   to change

Sundaram Growth Market Sensitivity

As returns on market increase, returns on owning Sundaram Growth are expected to decrease at a much smaller rate. During bear market, Sundaram Growth is likely to outperform the market.
2 Months Beta |Analyze Sundaram Growth Dir Demand Trend
Check current 30 days Sundaram Growth correlation with market (DOW)
β = -0.0282

Sundaram Growth Central Daily Price Deviation

Sundaram Growth Dir Technical Analysis

Transformation
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Sundaram Growth Projected Return Density Against Market

Assuming 30 trading days horizon, Sundaram Growth Dir Gr has beta of -0.0282 . This suggests as returns on benchmark increase, returns on holding Sundaram Growth are expected to decrease at a much smaller rate. During bear market, however, Sundaram Growth Dir Gr is likely to outperform the market. Additionally, Sundaram Growth Dir Gr has a negative alpha implying that the risk taken by holding this equity is not justified. The company is significantly underperforming DOW
 Predicted Return Density 
      Returns 
α
Alpha over DOW
=0.01
β
Beta against DOW=0.03
σ
Overall volatility
=0.00
Ir
Information ratio =0.46

Sundaram Growth Return Volatility

Sundaram Growth Dir Gr accepts 0.0% volatility on return distribution over the 30 days horizon. DOW inherits 1.3487% risk (volatility on return distribution) over the 30 days horizon.
 Performance (%) 
      Timeline 

Market Risk Breakdown

Sundaram Growth Volatility Factors

60 Days Market Risk

Unknown risk

Chance of Distress in 24 months

Unknown Distress

60 Days Economic Sensitivity

Insignificant

Investment Outlook

Sundaram Growth Investment Opportunity

DOW has a standard deviation of returns of 1.35 and is 9.223372036854776E16 times more volatile than Sundaram Growth Dir Gr. 0% of all equities and portfolios are less risky than Sundaram Growth. Compared to the overall equity markets, volatility of historical daily returns of Sundaram Growth Dir Gr is lower than 0 (%) of all global equities and portfolios over the last 30 days. Use Sundaram Growth Dir Gr to protect 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 Sundaram Growth to be traded at 119.99 in 30 days. As returns on market increase, returns on owning Sundaram Growth are expected to decrease at a much smaller rate. During bear market, Sundaram Growth is likely to outperform the market.

Sundaram Growth correlation with market

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

Sundaram Growth Volatility Indicators

Sundaram Growth Dir Gr Current Risk Indicators

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