Amana Growth Risk Analysis And Volatility

AMIGX -- USA Fund  

USD 44.74  0.72  1.64%

We consider Amana Growth very steady. Amana Growth Fund secures Sharpe Ratio (or Efficiency) of 0.1069 which signifies that the fund had 0.1069% of return per unit of standard deviation over the last 3 months. Our philosophy in 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 Amana Growth Fund Institutional which you can use to evaluate future volatility of the entity. Please confirm Amana Growth Fund Risk Adjusted Performance of 0.0541 and Mean Deviation of 0.6136 to double-check if risk estimate we provide are consistent with the epected return of 0.0833%.

90 Days Market Risk

Very steady

Chance of Distress in 24 months

Very Small

90 Days Economic Sensitivity

Almost mirrors market
Horizon     30 Days    Login   to change

Amana Growth Market Sensitivity

Amana Growth returns are very sensitive to returns on the market. As market goes up or down, Amana Growth is expected to follow.
3 Months Beta |Analyze Amana Growth Fund Demand Trend
Check current 30 days Amana Growth correlation with market (DOW)
β = 0.9538

Amana Growth Central Daily Price Deviation

Amana Growth Fund Technical Analysis

Transformation
The output start index for this execution was zero with a total number of output elements of sixty-one. Developed by Larry Williams, the Weighted Close is the average of Amana Growth Fund high, low and close of a chart with the close values weighted twice. It can be used to smooth an indicator that normally takes only Amana Growth closing price as input. View also all equity analysis or get more info about weighted close price price transform indicator.

Amana Growth Projected Return Density Against Market

Assuming 30 trading days horizon, Amana Growth has beta of 0.9538 . This suggests Amana Growth Fund Institutional market returns are sensitive to returns on the market. As the market goes up or down, Amana Growth is expected to follow. Additionally, The company has a negative alpha implying that the risk taken by holding this equity is not justified. Amana Growth Fund is significantly underperforming DOW.
 Predicted Return Density 
      Returns 
Assuming 30 trading days horizon, the coefficient of variation of Amana Growth is 935.68. The daily returns are destributed with a variance of 0.61 and standard deviation of 0.78. The mean deviation of Amana Growth Fund Institutional is currently at 0.59. For similar time horizon, the selected benchmark (DOW) has volatility of 0.71
α
Alpha over DOW
=0.03
β
Beta against DOW=0.95
σ
Overall volatility
=0.78
Ir
Information ratio =0.04

Amana Growth Return Volatility

the fund shows 0.779% volatility of returns over 30 trading days. the entity inherits 0.6364% risk (volatility on return distribution) over the 30 days horizon.
 Performance (%) 
      Timeline 

Amana Growth Investment Opportunity

Amana Growth Fund Institutional has a volatility of 0.78 and is 1.22 times more volatile than DOW. of all equities and portfolios are less risky than Amana Growth. Compared to the overall equity markets, volatility of historical daily returns of Amana Growth Fund Institutional is lower than 6 () of all global equities and portfolios over the last 30 days. Use Amana Growth Fund Institutional to enhance returns of your portfolios. The fund experiences large bullish trend. Check odds of Amana Growth to be traded at $49.21 in 30 days. . Amana Growth returns are very sensitive to returns on the market. As market goes up or down, Amana Growth is expected to follow.

Amana Growth correlation with market

correlation synergy
Very poor diversification
Overlapping area represents the amount of risk that can be diversified away by holding Amana Growth Fund Institutiona and equity matching DJI index in the same portfolio.

Amana Growth Current Risk Indicators

Amana Growth Suggested Diversification Pairs

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