Our way in which we are 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 12400077 which you can use to evaluate future volatility of the entity. Please confirm 12400077 Standard Deviation of 0.5417, Market Risk Adjusted Performance of 11.4 and Coefficient Of Variation of 264.58 to double-check if risk estimate we provide are consistent with the epected return of 0.0%.
|Horizon||30 Days Login to change|
12400077 Market Sensitivity
|As returns on market increase, 12400077 returns are expected to increase less than the market. However during bear market, the loss on holding 12400077 will be expected to be smaller as well.2 Months Beta |Analyze 12400077 Demand TrendCheck current 30 days 12400077 correlation with market (DOW)|
β = 0.0171
12400077 Central Daily Price Deviation
12400077 Technical Analysis
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12400077 Projected Return Density Against MarketAssuming 30 trading days horizon, 12400077 has beta of 0.0171 . This suggests as returns on market go up, 12400077 average returns are expected to increase less than the benchmark. However during bear market, the loss on holding 12400077 will be expected to be much smaller as well. Moreover, 12400077 has an alpha of 0.1967 implying that it can potentially generate 0.1967% excess return over DOW after adjusting for the inherited market risk (beta).
Predicted Return Density
|Alpha over DOW||=||0.20|
|Beta against DOW||=||0.0171|
12400077 Return Volatility12400077 accepts 0.0% volatility on return distribution over the 30 days horizon. DOW inherits 1.2765% risk (volatility on return distribution) over the 30 days horizon.
Balance Of Power
Check stock momentum by analyzing Balance Of Power indicator and other technical ratios
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DOW has a standard deviation of returns of 1.28 and is 9.223372036854776E16 times more volatile than 12400077. 0% of all equities and portfolios are less risky than 12400077. Compared to the overall equity markets, volatility of historical daily returns of 12400077 is lower than 0 (%) of all global equities and portfolios over the last 30 days. Use 12400077 to enhance returns of your portfolios. The fund experiences large bullish trend. Check odds of 12400077 to be traded at £14.01 in 30 days. As returns on market increase, 12400077 returns are expected to increase less than the market. However during bear market, the loss on holding 12400077 will be expected to be smaller as well.
12400077 correlation with market
Check also Trending Equities. Please also try Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.