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 2.6 to check if risk estimate we provide are consistent with the epected return of 0.0%.
|Horizon||30 Days Login to change|
DHFL Pramerica Market Sensitivity
|As returns on market increase, DHFL Pramerica returns are expected to increase less than the market. However during bear market, the loss on holding DHFL Pramerica will be expected to be smaller as well. 2 Months Beta |Analyze DHFL Pramerica Diverse Demand TrendCheck current 30 days DHFL Pramerica correlation with market (DOW)|
β = 0.1583
DHFL Pramerica Central Daily Price Deviation
DHFL Pramerica Diverse Technical Analysis
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DHFL Pramerica Projected Return Density Against MarketAssuming 30 trading days horizon, DHFL Pramerica has beta of 0.1583 . This suggests as returns on market go up, DHFL Pramerica average returns are expected to increase less than the benchmark. However during bear market, the loss on holding DHFL Pramerica Diverse Eq Reg Gr will be expected to be much smaller as well. 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
|Alpha over DOW||=||1.11|
|Beta against DOW||=||0.16|
DHFL Pramerica Return VolatilityDHFL Pramerica Diverse Eq Reg Gr accepts 0.0% volatility on return distribution over the 30 days horizon. DOW inherits 2.0235% risk (volatility on return distribution) over the 30 days horizon.
DOW has a standard deviation of returns of 2.02 and is 9.223372036854776E16 times more volatile than DHFL Pramerica Diverse Eq Reg Gr. 0% 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 0 (%) of all global equities and portfolios over the last 30 days. Use DHFL Pramerica Diverse Eq Reg Gr to protect your portfolios against small markets fluctuations. The fund experiences unexpected downward movement. The market is reacting to new fundamentals. Check odds of DHFL Pramerica to be traded at 11.79 in 30 days. . As returns on market increase, DHFL Pramerica returns are expected to increase less than the market. However during bear market, the loss on holding DHFL Pramerica will be expected to be smaller as well.
DHFL Pramerica correlation with market