CFPA BE (Germany) Risk Analysis And Volatility Evaluation

CFPA -- Germany ETF  

EUR 5.85  0.04  0.68%

Our philosophy towards foreseeing volatility of an etf is to use all available market data together with etf specific technical indicators that cannot be diversified away. We have found twenty-one technical indicators for CFPA BE which you can use to evaluate future volatility of the entity. Please confirm CFPA BE Mean Deviation of 1.84 and Risk Adjusted Performance of 0.36 to double-check if risk estimate we provide are consistent with the epected return of 0.0%.
Horizon     30 Days    Login   to change

CFPA BE Market Sensitivity

As returns on market increase, CFPA BE returns are expected to increase less than the market. However during bear market, the loss on holding CFPA BE will be expected to be smaller as well.
One Month Beta |Analyze CFPA BE Demand Trend
Check current 30 days CFPA BE correlation with market (DOW)
β = 0.1178

CFPA BE Central Daily Price Deviation

CFPA BE 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.

CFPA BE Projected Return Density Against Market

Assuming 30 trading days horizon, CFPA BE has beta of 0.1178 . This suggests as returns on market go up, CFPA BE average returns are expected to increase less than the benchmark. However during bear market, the loss on holding CFPA BE will be expected to be much smaller as well. Additionally, CFPA BE has a negative alpha implying that the risk taken by holding this equity is not justified. The company is significantly underperforming DOW
 Predicted Return Density 
      Returns 
α
Alpha over DOW
=0.83
β
Beta against DOW=0.12
σ
Overall volatility
=0.00
Ir
Information ratio =0.31

CFPA BE Return Volatility

CFPA BE accepts 0.0% volatility on return distribution over the 30 days horizon. DOW inherits 1.225% risk (volatility on return distribution) over the 30 days horizon.
 Performance (%) 
      Timeline 

Did you try this?

Run Portfolio Volatility Now

   

Portfolio Volatility

Check portfolio volatility and analyze historical return density to properly model market risk
All  Next Launch Portfolio Volatility

Investment Outlook

CFPA BE Investment Opportunity

DOW has a standard deviation of returns of 1.23 and is 9.223372036854776E16 times more volatile than CFPA BE. 0% of all equities and portfolios are less risky than CFPA BE. Compared to the overall equity markets, volatility of historical daily returns of CFPA BE is lower than 0 (%) of all global equities and portfolios over the last 30 days. Use CFPA BE to protect against small markets fluctuations. The etf experiences moderate downward daily trend and can be a good diversifier. Check odds of CFPA BE to be traded at €5.73 in 30 days. As returns on market increase, CFPA BE returns are expected to increase less than the market. However during bear market, the loss on holding CFPA BE will be expected to be smaller as well.

CFPA BE correlation with market

correlation synergy
Significant diversification
Overlapping area represents the amount of risk that can be diversified away by holding CFPA BE and equity matching DJI index in the same portfolio.
Check also Trending Equities. Please also try Equity Analysis module to research over 250,000 global equities including funds, stocks and etfs to find investment opportunities.
Search macroaxis.com