Canara Robeco Gold ETF shows Downside Deviation of 3.37, Risk Adjusted Performance of 0.0638 and Mean Deviation of 1.35. Macroaxis technical analysis interface gives you tools to check existing technical drivers of Canara Robeco Gold as well as the relationship between them. In plain English you can use this information to find out if the firm will indeed mirror its model of historical prices and volume momentum or the prices will eventually revert. We found nineteen technical drivers for Canara Robeco Gold ETF which can be compared to its rivals. Please confirm Canara Robeco Gold Maximum Drawdown, and the relationship between Information Ratio and Downside Variance to decide if Canara Robeco Gold is priced correctly providing market reflects its regular price of 2960.0 per share.
|Horizon||30 Days Login to change|
Canara Robeco Gold Technical Analysis
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Canara Robeco Gold Trend AnalysisUse this graph to draw trend lines for Canara Robeco Gold ETF. You can use it to identify possible trend reversals for Canara Robeco as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Canara Robeco price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.
Canara Robeco Best Fit Change LineThe following chart estimates an ordinary least squares regression model for Canara Robeco Gold ETF applied against its price change over selected period. The best fit line has a slop of 1.14 % which means Canara Robeco Gold ETF will continue generating value for investors. It has 78 observation points and a regression sum of squares at 12851.91, which is the sum of squared deviations for the predicted Canara Robeco price change compared to its average price change.
By capturing your risk tolerance and investment horizon Macroaxis technology of instant portfolio optimization will compute exactly how much risk is acceptable for your desired return expectations when you add Canara Robeco Gold ETF to your portfolio
|Risk Adjusted Performance||0.0638|
|Market Risk Adjusted Performance||(0.16)|
|Coefficient Of Variation||3192.78|
|Total Risk Alpha||0.3021|
|Value At Risk||(3.28)|
|Expected Short fall||(2.06)|