Kotak OM (India) Risk Analysis And Volatility Evaluation

F00000H3OH -- India Fund  

INR 26.27  0.02  0.08%

Macroaxis considers Kotak OM to be unknown risk. Kotak OM Life has Sharpe Ratio of -0.5774 which conveys that Kotak OM Life had -0.5774% of return per unit of risk over the last 1 month. Macroaxis philosophy towards estimating risk of any fund is to look at both systematic and un-systematic factors of the business, including all available market data and technical indicators. Kotak OM exposes twenty-one different technical indicators which can help you to evaluate volatility that cannot be diversified away. Please be advised to verify Kotak OM Life Dynamic Floating Rate Mean Deviation of 0.1808 and Risk Adjusted Performance of 0.1395 to check out risk estimate we provide.
Horizon     30 Days    Login   to change

Kotak OM Market Sensitivity

As returns on market increase, returns on owning Kotak OM are expected to decrease at a much smaller rate. During bear market, Kotak OM is likely to outperform the market.
One Month Beta |Analyze Kotak OM Life Demand Trend
Check current 30 days Kotak OM correlation with market (DOW)
β = -0.0192
Kotak OM Almost negative betaKotak OM Life Beta Legend

Kotak OM Life 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.

Kotak OM Projected Return Density Against Market

Assuming 30 trading days horizon, Kotak OM Life Dynamic Floating Rate has beta of -0.0192 suggesting as returns on benchmark increase, returns on holding Kotak OM are expected to decrease at a much smaller rate. During bear market, however, Kotak OM Life Dynamic Floating Rate is likely to outperform the market. Moreover, Kotak OM Life Dynamic Floating Rate has an alpha of 0.103 implying that it can potentially generate 0.103% excess return over DOW after adjusting for the inherited market risk (beta).
 Predicted Return Density 
      Returns 
Assuming 30 trading days horizon, the coefficient of variation of Kotak OM is -173.21. The daily returns are destributed with a variance of 0.01 and standard deviation of 0.11. The mean deviation of Kotak OM Life Dynamic Floating Rate is currently at 0.08. For similar time horizon, the selected benchmark (DOW) has volatility of 0.39
α
Alpha over DOW
=0.10
β
Beta against DOW=0.02
σ
Overall volatility
=0.11
Ir
Information ratio =0.0288

Kotak OM Return Volatility

Kotak OM Life Dynamic Floating Rate accepts 0.1097% volatility on return distribution over the 30 days horizon. DOW inherits 0.3947% risk (volatility on return distribution) over the 30 days horizon.
 Performance (%) 
      Timeline 

Market Risk Breakdown

Kotak OM Volatility Factors

30 Days Market Risk

Unknown risk

Chance of Distress in 24 months

Unknown Distress

30 Days Economic Sensitivity

Unaffected

Investment Outlook

Kotak OM Investment Opportunity

DOW has a standard deviation of returns of 0.39 and is 3.55 times more volatile than Kotak OM Life Dynamic Floating Rate. 0% of all equities and portfolios are less risky than Kotak OM. Compared to the overall equity markets, volatility of historical daily returns of Kotak OM Life Dynamic Floating Rate is lower than 0 (%) of all global equities and portfolios over the last 30 days. Use Kotak OM Life Dynamic Floating Rate to enhance returns of your portfolios. The fund experiences normal upward fluctuation. Check odds of Kotak OM to be traded at 27.58 in 30 days. As returns on market increase, returns on owning Kotak OM are expected to decrease at a much smaller rate. During bear market, Kotak OM is likely to outperform the market.

Kotak OM correlation with market

Good diversification
Overlapping area represents the amount of risk that can be diversified away by holding Kotak OM Life Dynamic Floating and equity matching DJI index in the same portfolio.

Kotak OM Volatility Indicators

Kotak OM Life Dynamic Floating Rate Current Risk Indicators

Additionally see Investing Opportunities. Please also try Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.
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