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 Risk Adjusted Performance of
(0.06) and Mean Deviation of 1.83 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. 2 Months Beta |Analyze CFPA BE Demand TrendCheck current 30 days CFPA BE correlation with market (DOW)|
β = 0.349
CFPA BE Central Daily Price Deviation
CFPA BE Technical Analysis
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CFPA BE Projected Return Density Against MarketAssuming 30 trading days horizon, CFPA BE has beta of 0.349 . 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, The company has a negative alpha implying that the risk taken by holding this equity is not justified. CFPA BE is significantly underperforming DOW.
Predicted Return Density
|Alpha over DOW||=||0.25|
|Beta against DOW||=||0.35|
CFPA BE Return Volatilitythe entity accepts 0.0% volatility on return distribution over the 30 days horizon. the entity inherits 0.8035% risk (volatility on return distribution) over the 30 days horizon.
CFPA BE Investment Opportunity
DOW has a standard deviation of returns of 0.8 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 enhance returns of your portfolios. The etf experiences large bullish trend. Check odds of CFPA BE to be traded at 7.77 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
CFPA BE Current Risk Indicators
|Risk Adjusted Performance||(0.06)|
|Market Risk Adjusted Performance||(0.70)|
|Coefficient Of Variation||(1,131)|
CFPA BE Suggested Diversification Pairs
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