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 28402441 which you can use to evaluate future volatility of the entity. Please confirm 28402441 Standard Deviation of 10.7, Market Risk Adjusted Performance of 11.95 and Coefficient Of Variation of 264.58 to double-check if risk estimate we provide are consistent with the epected return of 0.0%.
|Horizon||30 Days Login to change|
28402441 Market Sensitivity
|As returns on market increase, 28402441 returns are expected to increase less than the market. However during bear market, the loss on holding 28402441 will be expected to be smaller as well.2 Months Beta |Analyze 28402441 Demand TrendCheck current 30 days 28402441 correlation with market (DOW)|
β = 0.3379
28402441 Central Daily Price Deviation
28402441 Technical Analysis
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28402441 Projected Return Density Against MarketAssuming 30 trading days horizon, 28402441 has beta of 0.3379 . This suggests as returns on market go up, 28402441 average returns are expected to increase less than the benchmark. However during bear market, the loss on holding 28402441 will be expected to be much smaller as well. In addition to that, 28402441 has an alpha of 4.0751 implying that it can potentially generate 4.0751% excess return over DOW after adjusting for the inherited market risk (beta).
Predicted Return Density
|Alpha over DOW||=||4.08|
|Beta against DOW||=||0.34|
28402441 Return Volatility28402441 accepts 0.0% volatility on return distribution over the 30 days horizon. DOW inherits 1.2955% risk (volatility on return distribution) over the 30 days horizon.
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DOW has a standard deviation of returns of 1.3 and is 9.223372036854776E16 times more volatile than 28402441. 0% of all equities and portfolios are less risky than 28402441. Compared to the overall equity markets, volatility of historical daily returns of 28402441 is lower than 0 (%) of all global equities and portfolios over the last 30 days. Use 28402441 to enhance returns of your portfolios. The fund experiences very speculative upward sentiment.. Check odds of 28402441 to be traded at $133.15 in 30 days. As returns on market increase, 28402441 returns are expected to increase less than the market. However during bear market, the loss on holding 28402441 will be expected to be smaller as well.
28402441 correlation with market
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