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 13410742 which you can use to evaluate future volatility of the entity. Please confirm 13410742 Standard Deviation of 2.11, Market Risk Adjusted Performance of 1.53 and Coefficient Of Variation of 282.84 to double-check if risk estimate we provide are consistent with the epected return of 0.0%.
|Horizon||30 Days Login to change|
13410742 Market Sensitivity
|As returns on market increase, 13410742 returns are expected to increase less than the market. However during bear market, the loss on holding 13410742 will be expected to be smaller as well.2 Months Beta |Analyze 13410742 Demand TrendCheck current 30 days 13410742 correlation with market (DOW)|
β = 0.4823
13410742 Central Daily Price Deviation
13410742 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.
13410742 Projected Return Density Against MarketAssuming 30 trading days horizon, 13410742 has beta of 0.4823 . This suggests as returns on market go up, 13410742 average returns are expected to increase less than the benchmark. However during bear market, the loss on holding 13410742 will be expected to be much smaller as well. Moreover, 13410742 has an alpha of 0.7905 implying that it can potentially generate 0.7905% excess return over DOW after adjusting for the inherited market risk (beta).
Predicted Return Density
|Alpha over DOW||=||0.79|
|Beta against DOW||=||0.48|
13410742 Return Volatility13410742 accepts 0.0% volatility on return distribution over the 30 days horizon. DOW inherits 1.3014% risk (volatility on return distribution) over the 30 days horizon.
Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance
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DOW has a standard deviation of returns of 1.3 and is 9.223372036854776E16 times more volatile than 13410742. 0% of all equities and portfolios are less risky than 13410742. Compared to the overall equity markets, volatility of historical daily returns of 13410742 is lower than 0 (%) of all global equities and portfolios over the last 30 days. Use 13410742 to enhance returns of your portfolios. The fund experiences very speculative upward sentiment.. Check odds of 13410742 to be traded at $4043.98 in 30 days. As returns on market increase, 13410742 returns are expected to increase less than the market. However during bear market, the loss on holding 13410742 will be expected to be smaller as well.
13410742 correlation with market
Check also Trending Equities. Please also try Coins and Tokens Correlation module to utilize digital token correlation table to build portfolio of cryptocurrencies across multiple exchanges.