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 902660 which you can use to evaluate future volatility of the entity. Please confirm 902660 Market Risk Adjusted Performance of 0.7494, Standard Deviation of 0.4517 and Coefficient Of Variation of 1925.71 to double-check if risk estimate we provide are consistent with the epected return of 0.0%.
|Horizon||30 Days Login to change|
902660 Market Sensitivity
|As returns on market increase, 902660 returns are expected to increase less than the market. However during bear market, the loss on holding 902660 will be expected to be smaller as well. 2 Months Beta |Analyze 902660 Demand TrendCheck current 30 days 902660 correlation with market (DOW)|
β = 0.0182
902660 Central Daily Price Deviation
902660 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.
902660 Projected Return Density Against MarketAssuming 30 trading days horizon, 902660 has beta of 0.0182 . This suggests as returns on market go up, 902660 average returns are expected to increase less than the benchmark. However during bear market, the loss on holding 902660 will be expected to be much smaller as well. Moreover, The company has an alpha of 0.0145 implying that it can potentially generate 0.0145% excess return over DOW after adjusting for the inherited market risk (beta).
Predicted Return Density
|Alpha over DOW||=||0.0145|
|Beta against DOW||=||0.0182|
902660 Return Volatilitythe fund accepts 0.0% volatility on return distribution over the 30 days horizon. the entity inherits 1.9746% risk (volatility on return distribution) over the 30 days horizon.
Check effects of mean-variance optimization against your current asset allocation
|All Next||Launch Performance Analysis|
DOW has a standard deviation of returns of 1.97 and is 9.223372036854776E16 times more volatile than 902660. 0% of all equities and portfolios are less risky than 902660. Compared to the overall equity markets, volatility of historical daily returns of 902660 is lower than 0 (%) of all global equities and portfolios over the last 30 days. Use 902660 to enhance returns of your portfolios. The fund experiences normal upward fluctuation. Check odds of 902660 to be traded at 404.72 in 30 days. . As returns on market increase, 902660 returns are expected to increase less than the market. However during bear market, the loss on holding 902660 will be expected to be smaller as well.
902660 correlation with market
Check also Trending Equities. Please also try Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.