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 30669853 which you can use to evaluate future volatility of the entity. Please confirm 30669853 Standard Deviation of 1.19, Market Risk Adjusted Performance of 1.77 and Coefficient Of Variation of
(1,409) to double-check if risk estimate we provide are consistent with the epected return of 0.0%.
|Horizon||30 Days Login to change|
30669853 Market Sensitivity
|As returns on market increase, returns on owning 30669853 are expected to decrease at a much smaller rate. During bear market, 30669853 is likely to outperform the market. 2 Months Beta |Analyze 30669853 Demand TrendCheck current 30 days 30669853 correlation with market (DOW)|
β = -0.0535
30669853 Central Daily Price Deviation
30669853 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.
30669853 Projected Return Density Against MarketAssuming 30 trading days horizon, 30669853 has beta of -0.0535 . This suggests as returns on benchmark increase, returns on holding 30669853 are expected to decrease at a much smaller rate. During bear market, however, 30669853 is likely to outperform the market. Additionally, 30669853 has a negative alpha implying that the risk taken by holding this equity is not justified. The company is significantly underperforming DOW.
Predicted Return Density
|Alpha over DOW||=||0.1|
|Beta against DOW||=||0.05|
30669853 Return Volatility30669853 accepts 0.0% volatility on return distribution over the 30 days horizon. DOW inherits 2.0388% risk (volatility on return distribution) over the 30 days horizon.
Piotroski F Score
Get Piotroski F Score based on binary analysis strategy of nine different fundamentals
|All Next||Launch Piotroski F Score|
DOW has a standard deviation of returns of 2.04 and is 9.223372036854776E16 times more volatile than 30669853. 0% of all equities and portfolios are less risky than 30669853. Compared to the overall equity markets, volatility of historical daily returns of 30669853 is lower than 0 (%) of all global equities and portfolios over the last 30 days. Use 30669853 to protect your portfolios against small markets fluctuations. The fund experiences somewhat bearish sentiment, but market may correct it shortly. Check odds of 30669853 to be traded at $94.57 in 30 days. . As returns on market increase, returns on owning 30669853 are expected to decrease at a much smaller rate. During bear market, 30669853 is likely to outperform the market.
30669853 correlation with market
Check also Trending Equities. Please also try Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.