Our way of estimating 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 NEM GLB which you can use to evaluate future volatility of the organization. Please verify NEM GLB USD INV ACC Risk Adjusted Performance of 0.1044 and Mean Deviation of 4.57 to check out if risk estimate we provide are consistent with the epected return of 0.0%.
|Horizon||30 Days Login to change|
NEM GLB Market Sensitivity
|As returns on market increase, NEM GLB returns are expected to increase less than the market. However during bear market, the loss on holding NEM GLB will be expected to be smaller as well.2 Months Beta |Analyze NEM GLB USD Demand TrendCheck current 30 days NEM GLB correlation with market (DOW)|
β = 0.068
NEM GLB Central Daily Price Deviation
NEM GLB USD 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.
NEM GLB Projected Return Density Against MarketAssuming 30 trading days horizon, NEM GLB has beta of 0.068 . This suggests as returns on market go up, NEM GLB average returns are expected to increase less than the benchmark. However during bear market, the loss on holding NEM GLB USD INV ACC will be expected to be much smaller as well. Moreover, NEM GLB USD INV ACC has an alpha of 0.5014 implying that it can potentially generate 0.5014% excess return over DOW after adjusting for the inherited market risk (beta).
Predicted Return Density
|Alpha over DOW||=||0.50|
|Beta against DOW||=||0.07|
NEM GLB Return VolatilityNEM GLB USD INV ACC accepts 0.0% volatility on return distribution over the 30 days horizon. DOW inherits 1.2955% risk (volatility on return distribution) over the 30 days horizon.
Global Markets Map
Get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes
|All Next||Launch Global Markets Map|
DOW has a standard deviation of returns of 1.3 and is 9.223372036854776E16 times more volatile than NEM GLB USD INV ACC. 0% of all equities and portfolios are less risky than NEM GLB. Compared to the overall equity markets, volatility of historical daily returns of NEM GLB USD INV ACC is lower than 0 (%) of all global equities and portfolios over the last 30 days. Use NEM GLB USD INV ACC to enhance returns of your portfolios. The fund experiences very speculative upward sentiment.. Check odds of NEM GLB to be traded at $150.26 in 30 days. As returns on market increase, NEM GLB returns are expected to increase less than the market. However during bear market, the loss on holding NEM GLB will be expected to be smaller as well.
NEM GLB correlation with market
Check also Trending Equities. Please also try Content Syndication module to quickly integrate customizable finance content to your own investment portal.