Canara Robeco (India) Risk Analysis And Volatility Evaluation

F000002FPX -- India Fund  

INR 1,001  0.19  0.019%

We consider Canara Robeco unknown risk. Canara Robeco Liquid secures Sharpe Ratio (or Efficiency) of 0.5774 which signifies that Canara Robeco Liquid had 0.5774% of return per unit of risk over the last 1 month. 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 Canara Robeco Liquid Reg Wk Div which you can use to evaluate future volatility of the entity. Please confirm Canara Robeco Liquid Risk Adjusted Performance of 0.07 and Mean Deviation of 0.0313 to double-check if risk estimate we provide are consistent with the epected return of 0.0253%.
Horizon     30 Days    Login   to change

Canara Robeco Market Sensitivity

As returns on market increase, Canara Robeco returns are expected to increase less than the market. However during bear market, the loss on holding Canara Robeco will be expected to be smaller as well.
One Month Beta |Analyze Canara Robeco Liquid Demand Trend
Check current 30 days Canara Robeco correlation with market (DOW)
β = 0.0487
Canara Robeco Small BetaCanara Robeco Liquid Beta Legend

Canara Robeco Liquid 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.

Canara Robeco Projected Return Density Against Market

Assuming 30 trading days horizon, Canara Robeco has beta of 0.0487 suggesting as returns on market go up, Canara Robeco average returns are expected to increase less than the benchmark. However during bear market, the loss on holding Canara Robeco Liquid Reg Wk Div will be expected to be much smaller as well. Additionally, Canara Robeco Liquid Reg Wk Div 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 Canara Robeco is 173.21. The daily returns are destributed with a variance of 0.0 and standard deviation of 0.04. The mean deviation of Canara Robeco Liquid Reg Wk Div is currently at 0.03. For similar time horizon, the selected benchmark (DOW) has volatility of 0.39
α
Alpha over DOW
=0.02
β
Beta against DOW=0.0487
σ
Overall volatility
=0.0439
Ir
Information ratio =1.95

Canara Robeco Return Volatility

Canara Robeco Liquid Reg Wk Div accepts 0.0439% volatility on return distribution over the 30 days horizon. DOW inherits 0.3914% risk (volatility on return distribution) over the 30 days horizon.
 Performance (%) 
      Timeline 

Market Risk Breakdown

Canara Robeco Volatility Factors

30 Days Market Risk

Unknown risk

Chance of Distress in 24 months

Unknown Distress

30 Days Economic Sensitivity

Unaffected

Investment Outlook

Canara Robeco Investment Opportunity

DOW has a standard deviation of returns of 0.39 and is 9.75 times more volatile than Canara Robeco Liquid Reg Wk Div. 0% of all equities and portfolios are less risky than Canara Robeco. Compared to the overall equity markets, volatility of historical daily returns of Canara Robeco Liquid Reg Wk Div is lower than 0 (%) of all global equities and portfolios over the last 30 days. Use Canara Robeco Liquid Reg Wk Div to enhance returns of your portfolios. The fund experiences normal upward fluctuation. Check odds of Canara Robeco to be traded at 1051.2 in 30 days. As returns on market increase, Canara Robeco returns are expected to increase less than the market. However during bear market, the loss on holding Canara Robeco will be expected to be smaller as well.

Canara Robeco correlation with market

Weak diversification
Overlapping area represents the amount of risk that can be diversified away by holding Canara Robeco Liquid Reg Wk Di and equity matching DJI index in the same portfolio.

Canara Robeco Volatility Indicators

Canara Robeco Liquid Reg Wk Div Current Risk Indicators

Additionally see Investing Opportunities. Please also try Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.
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