Our philosophy towards 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 Baroda Pioneer Growth A Gr which you can use to evaluate future volatility of the entity. Please confirm Baroda Pioneer Growth Risk Adjusted Performance of 0.2773 and Mean Deviation of 0.3441 to double-check if risk estimate we provide are consistent with the epected return of 0.0%.
|Horizon||30 Days Login to change|
Baroda Pioneer Market Sensitivity
|As returns on market increase, returns on owning Baroda Pioneer are expected to decrease at a much smaller rate. During bear market, Baroda Pioneer is likely to outperform the market. 2 Months Beta |Analyze Baroda Pioneer Growth Demand TrendCheck current 30 days Baroda Pioneer correlation with market (DOW)|
β = -0.1223
Baroda Pioneer Central Daily Price Deviation
Baroda Pioneer Growth Technical Analysis
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Baroda Pioneer Projected Return Density Against MarketAssuming 30 trading days horizon, Baroda Pioneer Growth A Gr has beta of -0.1223 . This suggests as returns on benchmark increase, returns on holding Baroda Pioneer are expected to decrease at a much smaller rate. During bear market, however, Baroda Pioneer Growth A Gr is likely to outperform the market. Moreover, The company has an alpha of 0.1005 implying that it can potentially generate 0.1005% excess return over DOW after adjusting for the inherited market risk (beta).
Predicted Return Density
|Alpha over DOW||=||0.10|
|Beta against DOW||=||0.12|
Baroda Pioneer Return Volatilitythe fund accepts 0.0% volatility on return distribution over the 30 days horizon. the entity inherits 1.9131% risk (volatility on return distribution) over the 30 days horizon.
DOW has a standard deviation of returns of 1.91 and is 9.223372036854776E16 times more volatile than Baroda Pioneer Growth A Gr. 0% of all equities and portfolios are less risky than Baroda Pioneer. Compared to the overall equity markets, volatility of historical daily returns of Baroda Pioneer Growth A Gr is lower than 0 (%) of all global equities and portfolios over the last 30 days. Use Baroda Pioneer Growth A Gr to protect your portfolios against small markets fluctuations. The fund experiences unexpected downward movement. The market is reacting to new fundamentals. Check odds of Baroda Pioneer to be traded at 85.84 in 30 days. . As returns on market increase, returns on owning Baroda Pioneer are expected to decrease at a much smaller rate. During bear market, Baroda Pioneer is likely to outperform the market.
Baroda Pioneer correlation with market