CFPA DU (Germany) Risk Analysis And Volatility Evaluation

CFPA -- Germany ETF  

EUR 5.97  0.005  0.08%

CFPA DU is unknown risk given 2 months investment horizon. CFPA DU secures Sharpe Ratio (or Efficiency) of 0.6884 which signifies that CFPA DU had 0.6884% of return per unit of risk over the last 2 months. Our philosophy towards foreseeing risk of a etf is to use both market data as well as company specific technical data. We found twenty-one different technical indicators which can help you to evaluate if expected returns of 1.2435% are justified by taking the suggested risk. Use CFPA DU Mean Deviation of 1.6 and Risk Adjusted Performance of (0.28) to evaluate company specific risk that cannot be diversified away.
Horizon     30 Days    Login   to change

CFPA DU Market Sensitivity

As returns on market increase, CFPA DU returns are expected to increase less than the market. However during bear market, the loss on holding CFPA DU will be expected to be smaller as well.
2 Months Beta |Analyze CFPA DU Demand Trend
Check current 30 days CFPA DU correlation with market (DOW)
β = 0.0886

CFPA DU Central Daily Price Deviation

CFPA DU 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 DU Projected Return Density Against Market

Assuming 30 trading days horizon, CFPA DU has beta of 0.0886 . This suggests as returns on market go up, CFPA DU average returns are expected to increase less than the benchmark. However during bear market, the loss on holding CFPA DU will be expected to be much smaller as well. Additionally, CFPA DU 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 
Assuming 30 trading days horizon, the coefficient of variation of CFPA DU is 145.27. The daily returns are destributed with a variance of 3.26 and standard deviation of 1.81. The mean deviation of CFPA DU is currently at 1.29. For similar time horizon, the selected benchmark (DOW) has volatility of 1.38
α
Alpha over DOW
=0.46
β
Beta against DOW=0.09
σ
Overall volatility
=1.81
Ir
Information ratio =0.14

CFPA DU Return Volatility

CFPA DU accepts 1.8064% volatility on return distribution over the 30 days horizon. DOW inherits 1.3058% risk (volatility on return distribution) over the 30 days horizon.
 Performance (%) 
      Timeline 

Did you try this?

Run Theme Ratings Now

   

Theme Ratings

Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance
All  Next Launch Theme Ratings

Investment Outlook

CFPA DU Investment Opportunity

CFPA DU has a volatility of 1.81 and is 1.38 times more volatile than DOW. 16% of all equities and portfolios are less risky than CFPA DU. Compared to the overall equity markets, volatility of historical daily returns of CFPA DU is lower than 16 (%) of all global equities and portfolios over the last 30 days. Use CFPA DU to enhance returns of your portfolios. The etf experiences normal upward fluctuation. Check odds of CFPA DU to be traded at €6.27 in 30 days. As returns on market increase, CFPA DU returns are expected to increase less than the market. However during bear market, the loss on holding CFPA DU will be expected to be smaller as well.

CFPA DU correlation with market

correlation synergy
Significant diversification
Overlapping area represents the amount of risk that can be diversified away by holding CFPA DU and equity matching DJI index in the same portfolio.

CFPA DU Volatility Indicators

CFPA DU Current Risk Indicators

Check also Trending Equities. Please also try Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.
Search macroaxis.com