DHFL Pramerica (India) Risk Analysis And Volatility Evaluation

133836 -- India Fund  

INR 13.59  0.47  3.58%

We consider DHFL Pramerica unknown risk. DHFL Pramerica Diverse secures Sharpe Ratio (or Efficiency) of 0.5774 which denotes DHFL Pramerica Diverse had 0.5774% of return per unit of return volatility over the last 1 month. Our approach into predicting 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 DHFL Pramerica Diverse Eq Reg Gr which you can use to evaluate future volatility of the entity. Please confirm DHFL Pramerica Diverse Mean Deviation of 0.7081 to check if risk estimate we provide are consistent with the epected return of 0.1788%.
Horizon     30 Days    Login   to change

DHFL Pramerica Market Sensitivity

As returns on market increase, returns on owning DHFL Pramerica are expected to decrease at a much smaller rate. During bear market, DHFL Pramerica is likely to outperform the market.
One Month Beta |Analyze DHFL Pramerica Diverse Demand Trend
Check current 30 days DHFL Pramerica correlation with market (DOW)
β = -0.0435
DHFL Pramerica Almost negative betaDHFL Pramerica Diverse Beta Legend

DHFL Pramerica Diverse Technical Analysis

Transformation
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.

DHFL Pramerica Projected Return Density Against Market

Assuming 30 trading days horizon, DHFL Pramerica Diverse Eq Reg Gr has beta of -0.0435 . This suggests as returns on benchmark increase, returns on holding DHFL Pramerica are expected to decrease at a much smaller rate. During bear market, however, DHFL Pramerica Diverse Eq Reg Gr is likely to outperform the market. Additionally, DHFL Pramerica Diverse Eq Reg Gr has a negative alpha implying that the risk taken by holding this equity is not justified. The company is significantly underperforming DOW
 Predicted Return Density 
      Returns 
Assuming 30 trading days horizon, the coefficient of variation of DHFL Pramerica is 173.21. The daily returns are destributed with a variance of 0.1 and standard deviation of 0.31. The mean deviation of DHFL Pramerica Diverse Eq Reg Gr is currently at 0.24. For similar time horizon, the selected benchmark (DOW) has volatility of 0.45
α
Alpha over DOW
=0.14
β
Beta against DOW=0.04
σ
Overall volatility
=0.31
Ir
Information ratio =0.27

DHFL Pramerica Return Volatility

DHFL Pramerica Diverse Eq Reg Gr accepts 0.3097% volatility on return distribution over the 30 days horizon. DOW inherits 0.4168% risk (volatility on return distribution) over the 30 days horizon.
 Performance (%) 
      Timeline 

Market Risk Breakdown

DHFL Pramerica Volatility Factors

30 Days Market Risk

Unknown risk

Chance of Distress in 24 months

Unknown Distress

30 Days Economic Sensitivity

Unaffected

Investment Outlook

DHFL Pramerica Investment Opportunity

DOW has a standard deviation of returns of 0.42 and is 1.35 times more volatile than DHFL Pramerica Diverse Eq Reg Gr. 2% of all equities and portfolios are less risky than DHFL Pramerica. Compared to the overall equity markets, volatility of historical daily returns of DHFL Pramerica Diverse Eq Reg Gr is lower than 2 (%) of all global equities and portfolios over the last 30 days. Use DHFL Pramerica Diverse Eq Reg Gr to enhance returns of your portfolios. The fund experiences unexpected upward trend. Watch out for market signals. Check odds of DHFL Pramerica to be traded at 16.31 in 30 days. As returns on market increase, returns on owning DHFL Pramerica are expected to decrease at a much smaller rate. During bear market, DHFL Pramerica is likely to outperform the market.

DHFL Pramerica correlation with market

Good diversification
Overlapping area represents the amount of risk that can be diversified away by holding DHFL Pramerica Diverse Eq Reg and equity matching DJI index in the same portfolio.

DHFL Pramerica Volatility Indicators

DHFL Pramerica Diverse Eq Reg Gr Current Risk Indicators

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