Our approach towards determining 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 JPMorgan India Govt which you can use to evaluate future volatility of the entity. Please check out JPMorgan India Market Risk Adjusted Performance of 0.6917 and Risk Adjusted Performance of 0.1704 to validate if risk estimate we provide are consistent with the epected return of 0.0%.
|Horizon||30 Days Login to change|
JPMorgan India Market Sensitivity
|As returns on market increase, JPMorgan India returns are expected to increase less than the market. However during bear market, the loss on holding JPMorgan India will be expected to be smaller as well. 2 Months Beta |Analyze JPMorgan India Govt Demand TrendCheck current 30 days JPMorgan India correlation with market (DOW)|
β = 0.0457
JPMorgan India Central Daily Price Deviation
JPMorgan India Govt Technical Analysis
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JPMorgan India Projected Return Density Against MarketAssuming 30 trading days horizon, JPMorgan India has beta of 0.0457 . This suggests as returns on market go up, JPMorgan India average returns are expected to increase less than the benchmark. However during bear market, the loss on holding JPMorgan India Govt Sec Reg Ann Div will be expected to be much smaller as well. Moreover, The company has an alpha of 0.0338 implying that it can potentially generate 0.0338% excess return over DOW after adjusting for the inherited market risk (beta).
Predicted Return Density
|Alpha over DOW||=||0.0338|
|Beta against DOW||=||0.0457|
JPMorgan India Return Volatilitythe fund accepts 0.0% volatility on return distribution over the 30 days horizon. the entity inherits 1.9746% risk (volatility on return distribution) over the 30 days horizon.
DOW has a standard deviation of returns of 1.97 and is 9.223372036854776E16 times more volatile than JPMorgan India Govt Sec Reg Ann Div. 0% of all equities and portfolios are less risky than JPMorgan India. Compared to the overall equity markets, volatility of historical daily returns of JPMorgan India Govt Sec Reg Ann Div is lower than 0 (%) of all global equities and portfolios over the last 30 days. Use JPMorgan India Govt Sec Reg Ann Div to protect your portfolios against small markets fluctuations. The fund experiences normal downward trend, but the immediate impact on correlations cannot be determined at the moment . Check odds of JPMorgan India to be traded at 14.5 in 30 days. . As returns on market increase, JPMorgan India returns are expected to increase less than the market. However during bear market, the loss on holding JPMorgan India will be expected to be smaller as well.
JPMorgan India correlation with market