Amana Developing Risk Analysis And Volatility

AMIDX -- USA Fund  

USD 10.13  0.02  0.20%

Macroaxis considers Amana Developing to be not too volatile. Amana Developing World secures Sharpe Ratio (or Efficiency) of -0.0111 which signifies that the fund had -0.0111% of return per unit of standard deviation over the last 3 months. Macroaxis philosophy in foreseeing risk of any fund is to look at both systematic and un-systematic factors of the business, including all available market data and technical indicators. Amana Developing World Fund Ins exposes twenty-one different technical indicators which can help you to evaluate volatility that cannot be diversified away. Please be advised to confirm Amana Developing World Risk Adjusted Performance of (0.002057) and Mean Deviation of 0.5302 to double-check risk estimate we provide.

90 Days Market Risk

Not too volatile

Chance of Distress in 24 months

Very Small

90 Days Economic Sensitivity

Follows market closely
Horizon     30 Days    Login   to change

Amana Developing Market Sensitivity

As returns on market increase, Amana Developing returns are expected to increase less than the market. However during bear market, the loss on holding Amana Developing will be expected to be smaller as well.
3 Months Beta |Analyze Amana Developing World Demand Trend
Check current 30 days Amana Developing correlation with market (DOW)
β = 0.5758

Amana Developing Central Daily Price Deviation

Amana Developing World Technical Analysis

Transformation
The output start index for this execution was zero with a total number of output elements of sixty-one. Amana Developing World Average Price is the average of the sum of open, high, low and close daily prices of a bar. It can be used to smooth an indicator that normally takes just the closing price as input. View also all equity analysis or get more info about average price price transform indicator.

Amana Developing Projected Return Density Against Market

Assuming 30 trading days horizon, Amana Developing has beta of 0.5758 . This suggests as returns on market go up, Amana Developing average returns are expected to increase less than the benchmark. However during bear market, the loss on holding Amana Developing World Fund Ins will be expected to be much smaller as well. Moreover, The company has an alpha of 0.0065 implying that it can potentially generate 0.0065% excess return over DOW after adjusting for the inherited market risk (beta).
 Predicted Return Density 
      Returns 
Assuming 30 trading days horizon, the coefficient of variation of Amana Developing is -9015.27. The daily returns are destributed with a variance of 0.54 and standard deviation of 0.73. The mean deviation of Amana Developing World Fund Ins is currently at 0.54. For similar time horizon, the selected benchmark (DOW) has volatility of 0.98
α
Alpha over DOW
=0.0065
β
Beta against DOW=0.58
σ
Overall volatility
=0.73
Ir
Information ratio =0.0248

Amana Developing Return Volatility

the fund shows 0.7316% volatility of returns over 30 trading days. the entity inherits 0.9886% risk (volatility on return distribution) over the 30 days horizon.
 Performance (%) 
      Timeline 

Amana Developing Investment Opportunity

DOW has a standard deviation of returns of 0.99 and is 1.36 times more volatile than Amana Developing World Fund Ins. of all equities and portfolios are less risky than Amana Developing. Compared to the overall equity markets, volatility of historical daily returns of Amana Developing World Fund Ins is lower than 6 () of all global equities and portfolios over the last 30 days. Use Amana Developing World Fund Ins to protect your portfolios against small markets fluctuations. The fund experiences normal downward trend and little activity. Check odds of Amana Developing to be traded at $10.03 in 30 days. . As returns on market increase, Amana Developing returns are expected to increase less than the market. However during bear market, the loss on holding Amana Developing will be expected to be smaller as well.

Amana Developing correlation with market

correlation synergy
Poor diversification
Overlapping area represents the amount of risk that can be diversified away by holding Amana Developing World Fund In and equity matching DJI index in the same portfolio.

Amana Developing Current Risk Indicators

Amana Developing Suggested Diversification Pairs

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