Sahara Growth (India) Risk Analysis And Volatility Evaluation

120289 -- India Fund  

INR 156.94  1.17  0.74%

Macroaxis considers Sahara Growth to be unknown risk. Sahara Growth Dir owns Efficiency Ratio (i.e. Sharpe Ratio) of -0.5774 which indicates Sahara Growth Dir had -0.5774% of return per unit of risk over the last 1 month. Macroaxis philosophy towards measuring risk of any fund is to look at both systematic and un-systematic factors of the business, including all available market data and technical indicators. Sahara Growth Dir Gr exposes twenty-one different technical indicators which can help you to evaluate volatility that cannot be diversified away. Please be advised to validate Sahara Growth Coefficient Of Variation of 1891.73 and Risk Adjusted Performance of 0.0207 to confirm risk estimate we provide.
Horizon     30 Days    Login   to change

Sahara Growth Market Sensitivity

As returns on market increase, returns on owning Sahara Growth are expected to decrease at a much smaller rate. During bear market, Sahara Growth is likely to outperform the market.
One Month Beta |Analyze Sahara Growth Dir Demand Trend
Check current 30 days Sahara Growth correlation with market (DOW)
β = -0.1463
Sahara Growth Almost negative betaSahara Growth Dir Beta Legend

Sahara Growth Dir 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.

Sahara Growth Projected Return Density Against Market

Assuming 30 trading days horizon, Sahara Growth Dir Gr has beta of -0.1463 . This suggests as returns on benchmark increase, returns on holding Sahara Growth are expected to decrease at a much smaller rate. During bear market, however, Sahara Growth Dir Gr is likely to outperform the market. Moreover, Sahara Growth Dir Gr has an alpha of 0.0323 implying that it can potentially generate 0.0323% excess return over DOW after adjusting for the inherited market risk (beta).
 Predicted Return Density 
      Returns 
Assuming 30 trading days horizon, the coefficient of variation of Sahara Growth is -173.21. The daily returns are destributed with a variance of 0.18 and standard deviation of 0.43. The mean deviation of Sahara Growth Dir Gr is currently at 0.33. For similar time horizon, the selected benchmark (DOW) has volatility of 0.45
α
Alpha over DOW
=0.0323
β
Beta against DOW=0.15
σ
Overall volatility
=0.43
Ir
Information ratio =0.46

Sahara Growth Return Volatility

Sahara Growth Dir Gr accepts 0.4272% volatility on return distribution over the 30 days horizon. DOW inherits 0.4487% risk (volatility on return distribution) over the 30 days horizon.
 Performance (%) 
      Timeline 

Market Risk Breakdown

Sahara Growth Volatility Factors

30 Days Market Risk

Unknown risk

Chance of Distress in 24 months

Unknown Distress

30 Days Economic Sensitivity

Unaffected

Investment Outlook

Sahara Growth Investment Opportunity

DOW has a standard deviation of returns of 0.45 and is 1.05 times more volatile than Sahara Growth Dir Gr. 3% of all equities and portfolios are less risky than Sahara Growth. Compared to the overall equity markets, volatility of historical daily returns of Sahara Growth Dir Gr is lower than 3 (%) of all global equities and portfolios over the last 30 days. Use Sahara Growth Dir Gr to protect against small markets fluctuations. The fund experiences moderate downward daily trend and can be a good diversifier. Check odds of Sahara Growth to be traded at 153.8 in 30 days. As returns on market increase, returns on owning Sahara Growth are expected to decrease at a much smaller rate. During bear market, Sahara Growth is likely to outperform the market.

Sahara Growth correlation with market

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

Sahara Growth Volatility Indicators

Sahara Growth Dir Gr Current Risk Indicators

Check also Trending Equities. Please also try Content Syndication module to quickly integrate customizable finance content to your own investment portal.
Search macroaxis.com