Aditya BSL (India) Risk Analysis And Volatility Evaluation

BSLGOLDETF -- India Stock  

INR 2,878  27.20  0.95%

Our philosophy towards foreseeing volatility of a stock is to use all available market data together with stock specific technical indicators that cannot be diversified away. We have found twenty-one technical indicators for Aditya BSL Gold ETF which you can use to evaluate future volatility of the firm. Please confirm Aditya BSL Gold Risk Adjusted Performance of 0.2217 and Mean Deviation of 0.3658 to double-check if risk estimate we provide are consistent with the epected return of 0.0%.
Horizon     30 Days    Login   to change

Aditya BSL Market Sensitivity

As returns on market increase, returns on owning Aditya BSL are expected to decrease at a much smaller rate. During bear market, Aditya BSL is likely to outperform the market.
One Month Beta |Analyze Aditya BSL Gold Demand Trend
Check current 30 days Aditya BSL correlation with market (DOW)
β = -0.0082

Aditya BSL Central Daily Price Deviation

Aditya BSL Gold Technical Analysis

Transformation
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.

Aditya BSL Projected Return Density Against Market

Assuming 30 trading days horizon, Aditya BSL Gold ETF has beta of -0.0082 . This suggests as returns on benchmark increase, returns on holding Aditya BSL are expected to decrease at a much smaller rate. During bear market, however, Aditya BSL Gold ETF is likely to outperform the market. Moreover, Aditya BSL Gold ETF has an alpha of 0.1222 implying that it can potentially generate 0.1222% excess return over DOW after adjusting for the inherited market risk (beta).
 Predicted Return Density 
      Returns 
α
Alpha over DOW
=0.12
β
Beta against DOW=0.0082
σ
Overall volatility
=0.00
Ir
Information ratio =0.28

Aditya BSL Return Volatility

Aditya BSL Gold ETF accepts 0.0% volatility on return distribution over the 30 days horizon. DOW inherits 1.1955% risk (volatility on return distribution) over the 30 days horizon.
 Performance (%) 
      Timeline 

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Investment Outlook

Aditya BSL Investment Opportunity

DOW has a standard deviation of returns of 1.2 and is 9.223372036854776E16 times more volatile than Aditya BSL Gold ETF. 0% of all equities and portfolios are less risky than Aditya BSL. Compared to the overall equity markets, volatility of historical daily returns of Aditya BSL Gold ETF is lower than 0 (%) of all global equities and portfolios over the last 30 days. Use Aditya BSL Gold ETF to enhance returns of your portfolios. The stock experiences moderate upward volatility. Check odds of Aditya BSL to be traded at 3166.02 in 30 days. As returns on market increase, returns on owning Aditya BSL are expected to decrease at a much smaller rate. During bear market, Aditya BSL is likely to outperform the market.

Aditya BSL correlation with market

correlation synergy
Good diversification
Overlapping area represents the amount of risk that can be diversified away by holding Aditya BSL Gold ETF and equity matching DJI index in the same portfolio.

Aditya BSL Volatility Indicators

Aditya BSL Gold ETF Current Risk Indicators

Check also Trending Equities. Please also try Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.
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