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 872921 which you can use to evaluate future volatility of the entity. Please confirm 872921 Market Risk Adjusted Performance of
(3.06), Standard Deviation of 0.8743 and Coefficient Of Variation of 1238.93 to double-check if risk estimate we provide are consistent with the epected return of 0.0%.
|Horizon||30 Days Login to change|
872921 Market Sensitivity
|As returns on market increase, returns on owning 872921 are expected to decrease at a much smaller rate. During bear market, 872921 is likely to outperform the market. 2 Months Beta |Analyze 872921 Demand TrendCheck current 30 days 872921 correlation with market (DOW)|
β = -0.0197
872921 Central Daily Price Deviation
872921 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.
872921 Projected Return Density Against MarketAssuming 30 trading days horizon, 872921 has beta of -0.0197 . This suggests as returns on benchmark increase, returns on holding 872921 are expected to decrease at a much smaller rate. During bear market, however, 872921 is likely to outperform the market. Moreover, The company has an alpha of 0.0653 implying that it can potentially generate 0.0653% excess return over DOW after adjusting for the inherited market risk (beta).
Predicted Return Density
|Alpha over DOW||=||0.07|
|Beta against DOW||=||0.02|
872921 Return Volatilitythe fund accepts 0.0% volatility on return distribution over the 30 days horizon. the entity inherits 1.5638% risk (volatility on return distribution) over the 30 days horizon.
Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas
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DOW has a standard deviation of returns of 1.56 and is 9.223372036854776E16 times more volatile than 872921. 0% of all equities and portfolios are less risky than 872921. Compared to the overall equity markets, volatility of historical daily returns of 872921 is lower than 0 (%) of all global equities and portfolios over the last 30 days. Use 872921 to enhance returns of your portfolios. The fund experiences large bullish trend. Check odds of 872921 to be traded at $1.837 in 30 days. . As returns on market increase, returns on owning 872921 are expected to decrease at a much smaller rate. During bear market, 872921 is likely to outperform the market.
872921 correlation with market
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