Our philosophy towards foreseeing volatility of a fund is to use all available market data together with fund specific technical indicators that cannot be diversified away. We have found twenty-one technical indicators for BNP Paribas ST Income Reg Qt Div which you can use to evaluate future volatility of the entity. Please confirm BNP Paribas ST Mean Deviation of 0.1094 and Risk Adjusted Performance of
(0.17) to double-check if risk estimate we provide are consistent with the epected return of 0.0%.
|Horizon||30 Days Login to change|
BNP Paribas Market Sensitivity
|As returns on market increase, returns on owning BNP Paribas are expected to decrease at a much smaller rate. During bear market, BNP Paribas is likely to outperform the market. 2 Months Beta |Analyze BNP Paribas ST Demand TrendCheck current 30 days BNP Paribas correlation with market (DOW)|
β = -0.0026
BNP Paribas Central Daily Price Deviation
BNP Paribas ST Technical Analysis
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BNP Paribas Projected Return Density Against MarketAssuming 30 trading days horizon, BNP Paribas ST Income Reg Qt Div has beta of -0.0026 suggesting as returns on benchmark increase, returns on holding BNP Paribas are expected to decrease at a much smaller rate. During bear market, however, BNP Paribas ST Income Reg Qt Div is likely to outperform the market. Additionally, The company has a negative alpha implying that the risk taken by holding this equity is not justified. BNP Paribas ST is significantly underperforming DOW.
Predicted Return Density
|Alpha over DOW||=||0.02|
|Beta against DOW||=||0.0026|
BNP Paribas Return Volatilitythe fund accepts 0.0% volatility on return distribution over the 30 days horizon. the entity inherits 1.9997% risk (volatility on return distribution) over the 30 days horizon.
DOW has a standard deviation of returns of 2.0 and is 9.223372036854776E16 times more volatile than BNP Paribas ST Income Reg Qt Div. 0% of all equities and portfolios are less risky than BNP Paribas. Compared to the overall equity markets, volatility of historical daily returns of BNP Paribas ST Income Reg Qt Div is lower than 0 (%) of all global equities and portfolios over the last 30 days. Use BNP Paribas ST Income Reg Qt Div to protect your portfolios against small markets fluctuations. The fund experiences normal downward trend, but the immediate impact on correlations cannot be determined at the moment . Check odds of BNP Paribas to be traded at 9.98 in 30 days. . As returns on market increase, returns on owning BNP Paribas are expected to decrease at a much smaller rate. During bear market, BNP Paribas is likely to outperform the market.
BNP Paribas correlation with market