Bridgeway Blue Risk Analysis And Volatility

BRLIX -- USA Fund  

USD 15.36  0.17  1.12%

Macroaxis considers Bridgeway Blue to be not too volatile. Bridgeway Blue Chip secures Sharpe Ratio (or Efficiency) of -1.0E-4 which signifies that the fund had -1.0E-4% of return per unit of risk over the last 3 months. Macroaxis philosophy towards 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. Bridgeway Blue Chip Fund exposes twenty-one different technical indicators which can help you to evaluate volatility that cannot be diversified away. Please be advised to confirm Bridgeway Blue Chip Risk Adjusted Performance of 0.0098, Mean Deviation of 0.7248 and Downside Deviation of 1.24 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

Almost mirrors market
Horizon     30 Days    Login   to change

Bridgeway Blue Market Sensitivity

Bridgeway Blue returns are very sensitive to returns on the market. As market goes up or down, Bridgeway Blue is expected to follow.
3 Months Beta |Analyze Bridgeway Blue Chip Demand Trend
Check current 30 days Bridgeway Blue correlation with market (DOW)
β = 0.9585

Bridgeway Blue Central Daily Price Deviation

Bridgeway Blue Chip Technical Analysis

Transformation
The output start index for this execution was zero with a total number of output elements of sixty-one. Bridgeway Blue Typical Price indicator is an average of each day price and can be used instead of closing price when creating different Bridgeway Blue Chip moving average lines. View also all equity analysis or get more info about typical price price transform indicator.

Bridgeway Blue Projected Return Density Against Market

Assuming 30 trading days horizon, Bridgeway Blue has beta of 0.9585 . This suggests Bridgeway Blue Chip Fund market returns are sensitive to returns on the market. As the market goes up or down, Bridgeway Blue is expected to follow. Moreover, The company has an alpha of 0.0195 implying that it can potentially generate 0.0195% 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 Bridgeway Blue is -860857.48. The daily returns are destributed with a variance of 0.99 and standard deviation of 0.99. The mean deviation of Bridgeway Blue Chip Fund is currently at 0.73. For similar time horizon, the selected benchmark (DOW) has volatility of 0.97
α
Alpha over DOW
=0.0195
β
Beta against DOW=0.96
σ
Overall volatility
=0.99
Ir
Information ratio =0.0206

Bridgeway Blue Return Volatility

the fund shows 0.9933% volatility of returns over 30 trading days. the entity inherits 0.9727% risk (volatility on return distribution) over the 30 days horizon.
 Performance (%) 
      Timeline 

Bridgeway Blue Investment Opportunity

Bridgeway Blue Chip Fund has a volatility of 0.99 and is 1.02 times more volatile than DOW. of all equities and portfolios are less risky than Bridgeway Blue. Compared to the overall equity markets, volatility of historical daily returns of Bridgeway Blue Chip Fund is lower than 8 () of all global equities and portfolios over the last 30 days. Use Bridgeway Blue Chip Fund to enhance returns of your portfolios. The fund experiences large bullish trend. Check odds of Bridgeway Blue to be traded at $16.9 in 30 days. . Bridgeway Blue returns are very sensitive to returns on the market. As market goes up or down, Bridgeway Blue is expected to follow.

Bridgeway Blue correlation with market

correlation synergy
Almost no diversification
Overlapping area represents the amount of risk that can be diversified away by holding Bridgeway Blue Chip Fund and equity matching DJI index in the same portfolio.

Bridgeway Blue Current Risk Indicators

Bridgeway Blue Suggested Diversification Pairs

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