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 Market Risk Adjusted Performance of
(2.46), Coefficient Of Variation of 282.84 and Standard Deviation of 0.5067 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, returns on owning 12400077 are expected to decrease at a much smaller rate. During bear market, 12400077 is likely to outperform the market. 2 Months Beta |Analyze 12400077 Demand TrendCheck current 30 days 12400077 correlation with market (DOW)|
β = -0.0686
12400077 Central Daily Price Deviation
12400077 Technical Analysis
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.
12400077 Projected Return Density Against MarketAssuming 30 trading days horizon, 12400077 has beta of -0.0686 . This suggests as returns on benchmark increase, returns on holding 12400077 are expected to decrease at a much smaller rate. During bear market, however, 12400077 is likely to outperform the market. Moreover, The company has an alpha of 0.177 implying that it can potentially generate 0.177% excess return over DOW after adjusting for the inherited market risk (beta).
Predicted Return Density
|Alpha over DOW||=||0.18|
|Beta against DOW||=||0.07|
12400077 Return Volatilitythe fund accepts 0.0% volatility on return distribution over the 30 days horizon. the entity inherits 0.5831% risk (volatility on return distribution) over the 30 days horizon.
12400077 Investment Opportunity
DOW has a standard deviation of returns of 0.58 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, returns on owning 12400077 are expected to decrease at a much smaller rate. During bear market, 12400077 is likely to outperform the market.
12400077 correlation with market
12400077 Current Risk Indicators
|Risk Adjusted Performance||0.2232|
|Market Risk Adjusted Performance||(2.46)|
|Coefficient Of Variation||282.84|
12400077 Suggested Diversification Pairs
|Neuberger Berman vs. 12400077|
|Cohen Steers vs. 12400077|
|Vanguard Institutional vs. 12400077|
|American Funds vs. 12400077|
|Ford Motor vs. 12400077|
|American Beacon vs. 12400077|
|Alphabet vs. 12400077|
|Vanguard Small vs. 12400077|
|Sprint vs. 12400077|
|GM vs. 12400077|