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 21744563 which you can use to evaluate future volatility of the entity. Please confirm 21744563 Coefficient Of Variation of 1218.52, Market Risk Adjusted Performance of
(3.26) and Standard Deviation of 1.16 to double-check if risk estimate we provide are consistent with the epected return of 0.0%.
|Horizon||30 Days Login to change|
21744563 Market Sensitivity
|As returns on market increase, returns on owning 21744563 are expected to decrease at a much smaller rate. During bear market, 21744563 is likely to outperform the market. 2 Months Beta |Analyze 21744563 Demand TrendCheck current 30 days 21744563 correlation with market (DOW)|
β = -0.0261
21744563 Central Daily Price Deviation
21744563 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.
21744563 Projected Return Density Against MarketAssuming 30 trading days horizon, 21744563 has beta of -0.0261 . This suggests as returns on benchmark increase, returns on holding 21744563 are expected to decrease at a much smaller rate. During bear market, however, 21744563 is likely to outperform the market. Moreover, The company has an alpha of 0.0915 implying that it can potentially generate 0.0915% excess return over DOW after adjusting for the inherited market risk (beta).
Predicted Return Density
|Alpha over DOW||=||0.09|
|Beta against DOW||=||0.03|
21744563 Return Volatilitythe fund accepts 0.0% volatility on return distribution over the 30 days horizon. the entity inherits 1.5467% risk (volatility on return distribution) over the 30 days horizon.
View associations between returns expected from investment and the risk you assume
|All Next||Launch Risk-Return Analysis|
DOW has a standard deviation of returns of 1.55 and is 9.223372036854776E16 times more volatile than 21744563. 0% of all equities and portfolios are less risky than 21744563. Compared to the overall equity markets, volatility of historical daily returns of 21744563 is lower than 0 (%) of all global equities and portfolios over the last 30 days. Use 21744563 to protect your portfolios against small markets fluctuations. The fund experiences very speculative upward sentiment. Check odds of 21744563 to be traded at 0.0 in 30 days. . As returns on market increase, returns on owning 21744563 are expected to decrease at a much smaller rate. During bear market, 21744563 is likely to outperform the market.
21744563 correlation with market
Check also Trending Equities. Please also try Idea Optimizer module to use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio .