Arrow Dogs Risk Analysis And Volatility

DOGS -- USA Etf  

USD 44.11  0.47  1.08%

Macroaxis considers Arrow Dogs to be not too volatile. Arrow Dogs secures Sharpe Ratio (or Efficiency) of -0.0811 which signifies that the etf had -0.0811% of return per unit of risk over the last 3 months. Macroaxis philosophy towards foreseeing risk of any etf is to look at both systematic and un-systematic factors of the business, including all available market data and technical indicators. Arrow Dogs Of The World ETF exposes twenty-one different technical indicators which can help you to evaluate volatility that cannot be diversified away. Please be advised to confirm Arrow Dogs Risk Adjusted Performance of 0.0365, Downside Deviation of 0.5871 and Mean Deviation of 0.1465 to double-check risk estimate we provide.

90 Days Market Risk

Not too volatile

Chance of Distress in 24 months

Quite high

90 Days Economic Sensitivity

Moves indifferently to market moves
Horizon     30 Days    Login   to change

Arrow Dogs Market Sensitivity

As returns on market increase, returns on owning Arrow Dogs are expected to decrease at a much smaller rate. During bear market, Arrow Dogs is likely to outperform the market.
3 Months Beta |Analyze Arrow Dogs Demand Trend
Check current 30 days Arrow Dogs correlation with market (DOW)
β = -0.0414

Arrow Dogs Central Daily Price Deviation

Arrow Dogs Technical Analysis

Transformation
The output start index for this execution was zero with a total number of output elements of sixty-one. Arrow Dogs Average Price is the average of the sum of open, high, low and close daily prices of a bar. It can be used to smooth an indicator that normally takes just the closing price as input. View also all equity analysis or get more info about average price price transform indicator.

Arrow Dogs Projected Return Density Against Market

Given the investment horizon of 30 days, Arrow Dogs Of The World ETF has beta of -0.0414 suggesting as returns on benchmark increase, returns on holding Arrow Dogs are expected to decrease at a much smaller rate. During bear market, however, Arrow Dogs Of The World ETF is likely to outperform the market. Moreover, The company has an alpha of 0.0071 implying that it can potentially generate 0.0071% excess return over DOW after adjusting for the inherited market risk (beta).
 Predicted Return Density 
      Returns 
Given the investment horizon of 30 days, the coefficient of variation of Arrow Dogs is -1232.68. The daily returns are destributed with a variance of 4.24 and standard deviation of 2.06. The mean deviation of Arrow Dogs Of The World ETF is currently at 0.98. For similar time horizon, the selected benchmark (DOW) has volatility of 0.97
α
Alpha over DOW
=0.0071
β
Beta against DOW=0.04
σ
Overall volatility
=2.06
Ir
Information ratio =0.14

Arrow Dogs Return Volatility

the ETF inherits 2.0581% risk (volatility on return distribution) over the 30 days horizon. the entity inherits 0.9872% risk (volatility on return distribution) over the 30 days horizon.
 Performance (%) 
      Timeline 

Arrow Dogs Investment Opportunity

Arrow Dogs Of The World ETF has a volatility of 2.06 and is 2.08 times more volatile than DOW. 18  of all equities and portfolios are less risky than Arrow Dogs. Compared to the overall equity markets, volatility of historical daily returns of Arrow Dogs Of The World ETF is lower than 18 () of all global equities and portfolios over the last 30 days. Use Arrow Dogs Of The World ETF to enhance returns of your portfolios. The etf experiences large bullish trend. Check odds of Arrow Dogs to be traded at $48.52 in 30 days. . As returns on market increase, returns on owning Arrow Dogs are expected to decrease at a much smaller rate. During bear market, Arrow Dogs is likely to outperform the market.

Arrow Dogs correlation with market

correlation synergy
Good diversification
Overlapping area represents the amount of risk that can be diversified away by holding Arrow Dogs Of The World ETF and equity matching DJI index in the same portfolio.

Arrow Dogs Current Risk Indicators

Arrow Dogs Suggested Diversification Pairs

Additionally see Investing Opportunities. Please also try Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.
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