Canara Robeco (India) Risk Analysis And Volatility

F00000MI11 -- India Fund  

INR 14.58  0.0011  0.0075%

We consider Canara Robeco unknown risk. Canara Robeco Yield secures Sharpe Ratio (or Efficiency) of 0.1287 which signifies that the fund had 0.1287% of return per unit of risk over the last 2 months. 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 Yield Adv Reg Mn Div which you can use to evaluate future volatility of the entity. Please confirm Canara Robeco Yield Mean Deviation of 0.1046, Downside Deviation of 0.3773 and Risk Adjusted Performance of 0.198 to double-check if risk estimate we provide are consistent with the epected return of 0.0142%.
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.
2 Months Beta |Analyze Canara Robeco Yield Demand Trend
Check current 30 days Canara Robeco correlation with market (DOW)
β = 0.0153

Canara Robeco Central Daily Price Deviation

Canara Robeco Yield Technical Analysis

Transformation
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Canara Robeco Projected Return Density Against Market

Assuming 30 trading days horizon, Canara Robeco has beta of 0.0153 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 Yield Adv Reg Mn Div will be expected to be much smaller as well. Moreover, The company has an alpha of 0.0203 implying that it can potentially generate 0.0203% 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 Canara Robeco is 777.13. The daily returns are destributed with a variance of 0.01 and standard deviation of 0.11. The mean deviation of Canara Robeco Yield Adv Reg Mn Div is currently at 0.05. For similar time horizon, the selected benchmark (DOW) has volatility of 1.79
α
Alpha over DOW
=0.0203
β
Beta against DOW=0.0153
σ
Overall volatility
=0.11
Ir
Information ratio =0.24

Canara Robeco Return Volatility

the fund venture accepts 0.1107% volatility on return distribution over the 30 days horizon. the entity inherits 1.8152% risk (volatility on return distribution) over the 30 days horizon.
 Performance (%) 
      Timeline 

Market Risk Breakdown

Canara Robeco Volatility Factors

60 Days Market Risk

Unknown risk

Chance of Distress in 24 months

Unknown Distress

60 Days Economic Sensitivity

Insignificant

Investment Outlook

Canara Robeco Investment Opportunity

DOW has a standard deviation of returns of 1.82 and is 16.55 times more volatile than Canara Robeco Yield Adv Reg Mn Div. 1% 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 Yield Adv Reg Mn Div is lower than 1 (%) of all global equities and portfolios over the last 30 days. Use Canara Robeco Yield Adv Reg Mn Div to enhance returns of your portfolios. The fund experiences normal upward fluctuation. Check odds of Canara Robeco to be traded at 15.31 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

correlation synergy
Average diversification
Overlapping area represents the amount of risk that can be diversified away by holding Canara Robeco Yield Adv Reg Mn and equity matching DJI index in the same portfolio.

Canara Robeco Volatility Indicators

Canara Robeco Yield Adv Reg Mn Div Current Risk Indicators

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