LIC MF (India) Risk Analysis And Volatility Evaluation

134864 -- India Fund  

INR 17.91  0.10  0.56%

Macroaxis considers LIC MF unknown risk given 1 month investment horizon. LIC MF ULIS retains Efficiency (Sharpe Ratio) of 0.7071 which conveys that LIC MF ULIS had 0.7071% of return per unit of return volatility over the last 1 month. Our approach to 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 LIC MF which you can use to evaluate future volatility of the organization. Please exercise LIC MF ULIS 10Y RP RC Reg Yr Div Market Risk Adjusted Performance of 0.49 and Mean Deviation of 0.3167 to check out if our risk estimates are consistent with your expectations.
Horizon     30 Days    Login   to change

LIC MF Market Sensitivity

As returns on market increase, returns on owning LIC MF are expected to decrease at a much smaller rate. During bear market, LIC MF is likely to outperform the market.
One Month Beta |Analyze LIC MF ULIS Demand Trend
Check current 30 days LIC MF correlation with market (DOW)
β = -0.402
LIC MF Almost negative betaLIC MF ULIS Beta Legend

LIC MF ULIS 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.

LIC MF Projected Return Density Against Market

Assuming 30 trading days horizon, LIC MF ULIS 10Y RP RC Reg Yr Div has beta of -0.402 . This suggests as returns on benchmark increase, returns on holding LIC MF are expected to decrease at a much smaller rate. During bear market, however, LIC MF ULIS 10Y RP RC Reg Yr Div is likely to outperform the market. Moreover, LIC MF ULIS 10Y RP RC Reg Yr Div has an alpha of 0.2679 implying that it can potentially generate 0.2679% excess return over DOW after adjusting for the inherited market risk (beta).
 Predicted Return Density 
      Returns 
Assuming 30 trading days horizon, the coefficient of variation of LIC MF is 141.42. The daily returns are destributed with a variance of 0.16 and standard deviation of 0.39. The mean deviation of LIC MF ULIS 10Y RP RC Reg Yr Div is currently at 0.28. For similar time horizon, the selected benchmark (DOW) has volatility of 0.45
α
Alpha over DOW
=0.27
β
Beta against DOW=0.4
σ
Overall volatility
=0.39
Ir
Information ratio =0.08

LIC MF Return Volatility

LIC MF ULIS 10Y RP RC Reg Yr Div accepts 0.3948% volatility on return distribution over the 30 days horizon. DOW inherits 0.4487% risk (volatility on return distribution) over the 30 days horizon.
 Performance (%) 
      Timeline 

Market Risk Breakdown

LIC MF Volatility Factors

30 Days Market Risk

Unknown risk

Chance of Distress in 24 months

Unknown Distress

30 Days Economic Sensitivity

Unaffected

Investment Outlook

LIC MF Investment Opportunity

DOW has a standard deviation of returns of 0.45 and is 1.15 times more volatile than LIC MF ULIS 10Y RP RC Reg Yr Div. 3% of all equities and portfolios are less risky than LIC MF. Compared to the overall equity markets, volatility of historical daily returns of LIC MF ULIS 10Y RP RC Reg Yr Div is lower than 3 (%) of all global equities and portfolios over the last 30 days. Use LIC MF ULIS 10Y RP RC Reg Yr Div to protect against small markets fluctuations. The fund experiences moderate downward daily trend and can be a good diversifier. Check odds of LIC MF to be traded at 17.55 in 30 days. As returns on market increase, returns on owning LIC MF are expected to decrease at a much smaller rate. During bear market, LIC MF is likely to outperform the market.

LIC MF correlation with market

Excellent diversification
Overlapping area represents the amount of risk that can be diversified away by holding LIC MF ULIS 10Y RP RC Reg Yr D and equity matching DJI index in the same portfolio.

LIC MF Volatility Indicators

LIC MF ULIS 10Y RP RC Reg Yr Div Current Risk Indicators

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