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 21046252 which you can use to evaluate future volatility of the entity. Please confirm 21046252 Standard Deviation of 1.88, Market Risk Adjusted Performance of
(0.76) and Coefficient Of Variation of 1297.23 to double-check if risk estimate we provide are consistent with the epected return of 0.0%.
|Horizon||30 Days Login to change|
21046252 Market Sensitivity
|As returns on market increase, returns on owning 21046252 are expected to decrease at a much smaller rate. During bear market, 21046252 is likely to outperform the market. 2 Months Beta |Analyze 21046252 Demand TrendCheck current 30 days 21046252 correlation with market (DOW)|
β = -0.1757
21046252 Central Daily Price Deviation
21046252 Technical Analysis
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21046252 Projected Return Density Against MarketAssuming 30 trading days horizon, 21046252 has beta of -0.1757 . This suggests as returns on benchmark increase, returns on holding 21046252 are expected to decrease at a much smaller rate. During bear market, however, 21046252 is likely to outperform the market. Moreover, The company has an alpha of 0.1475 implying that it can potentially generate 0.1475% excess return over DOW after adjusting for the inherited market risk (beta).
Predicted Return Density
|Alpha over DOW||=||0.15|
|Beta against DOW||=||0.18|
21046252 Return Volatilitythe fund accepts 0.0% volatility on return distribution over the 30 days horizon. the entity inherits 1.8362% risk (volatility on return distribution) over the 30 days horizon.
Price Exposure Probability
Analyze equity upside and downside potential for a given time horizon across multiple markets
|All Next||Launch Price Exposure Probability|
DOW has a standard deviation of returns of 1.84 and is 9.223372036854776E16 times more volatile than 21046252. 0% of all equities and portfolios are less risky than 21046252. Compared to the overall equity markets, volatility of historical daily returns of 21046252 is lower than 0 (%) of all global equities and portfolios over the last 30 days. Use 21046252 to enhance returns of your portfolios. The fund experiences unexpected upward trend. Watch out for market signals. Check odds of 21046252 to be traded at 6.2 in 30 days. . As returns on market increase, returns on owning 21046252 are expected to decrease at a much smaller rate. During bear market, 21046252 is likely to outperform the market.
21046252 correlation with market
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