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 Sahara Growth Dir Gr which you can use to evaluate future volatility of the fund. Please validate Sahara Growth Coefficient Of Variation of 2071.13 and Risk Adjusted Performance of 0.0382 to confirm if risk estimate we provide are consistent with the epected return of 0.0%.
|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. 2 Months Beta |Analyze Sahara Growth Dir Demand TrendCheck current 30 days Sahara Growth correlation with market (DOW)|
β = -0.0146
Sahara Growth Central Daily Price Deviation
Sahara Growth Dir Technical Analysis
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Sahara Growth Projected Return Density Against MarketAssuming 30 trading days horizon, Sahara Growth Dir Gr has beta of -0.0146 . 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, The company has an alpha of 0.0059 implying that it can potentially generate 0.0059% excess return over DOW after adjusting for the inherited market risk (beta).
Predicted Return Density
|Alpha over DOW||=||0.0059|
|Beta against DOW||=||0.01|
Sahara Growth Return Volatilitythe fund accepts 0.0% volatility on return distribution over the 30 days horizon. the entity inherits 1.9131% risk (volatility on return distribution) over the 30 days horizon.
DOW has a standard deviation of returns of 1.91 and is 9.223372036854776E16 times more volatile than Sahara Growth Dir Gr. 0% 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 0 (%) of all global equities and portfolios over the last 30 days. Use Sahara Growth Dir Gr to protect your portfolios against small markets fluctuations. The fund experiences unexpected downward movement. The market is reacting to new fundamentals. Check odds of Sahara Growth to be traded at 145.82 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