Canara Robeco (India) Risk Analysis And Volatility Evaluation

F00000MI11 -- India Fund  

INR 14.43  0.00  0.00%

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 Risk Adjusted Performance of 0.06 and Mean Deviation of 0.2348 to double-check if risk estimate we provide are consistent with the epected return of 0.0%.
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 Yield Demand Trend
Check current 30 days Canara Robeco correlation with market (DOW)
β = 0.0248

Canara Robeco Central Daily Price Deviation

Canara Robeco Yield 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 0.0248 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. Additionally, Canara Robeco Yield Adv Reg Mn 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 
α
Alpha over DOW
=0.02
β
Beta against DOW=0.0248
σ
Overall volatility
=0.00
Ir
Information ratio =0.16

Canara Robeco Return Volatility

Canara Robeco Yield Adv Reg Mn Div accepts 0.0% volatility on return distribution over the 30 days horizon. DOW inherits 1.222% 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

Insignificant

Investment Outlook

Canara Robeco Investment Opportunity

DOW has a standard deviation of returns of 1.22 and is 9.223372036854776E16 times more volatile than Canara Robeco Yield Adv Reg Mn 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 Yield Adv Reg Mn Div is lower than 0 (%) of all global equities and portfolios over the last 30 days. Use Canara Robeco Yield Adv Reg Mn Div to protect 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 Canara Robeco to be traded at 14.29 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
Significant 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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