Our philosophy towards forecasting 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 Perkins US Strategic which you can use to evaluate future volatility of the fund. Please check Perkins US Strategic Coefficient Of Variation of 408.83, Semi Deviation of 0.3655 and Risk Adjusted Performance of 0.3032 to confirm if risk estimate we provide are consistent with the epected return of 0.0%.
|Horizon||30 Days Login to change|
Perkins US Market Sensitivity
|As returns on market increase, Perkins US returns are expected to increase less than the market. However during bear market, the loss on holding Perkins US will be expected to be smaller as well.2 Months Beta |Analyze Perkins US Strategic Demand TrendCheck current 30 days Perkins US correlation with market (DOW)|
β = 0.0227
Perkins US Central Daily Price Deviation
Perkins US Strategic Technical Analysis
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Perkins US Projected Return Density Against MarketAssuming 30 trading days horizon, Perkins US has beta of 0.0227 suggesting as returns on market go up, Perkins US average returns are expected to increase less than the benchmark. However during bear market, the loss on holding Perkins US Strategic Value E EUR Acc Hdg will be expected to be much smaller as well. Moreover, Perkins US Strategic Value E EUR Acc Hdg has an alpha of 0.181 implying that it can potentially generate 0.181% excess return over DOW after adjusting for the inherited market risk (beta).
Predicted Return Density
|Alpha over DOW||=||0.18|
|Beta against DOW||=||0.0227|
Perkins US Return VolatilityPerkins US Strategic Value E EUR Acc Hdg accepts 0.0% volatility on return distribution over the 30 days horizon. DOW inherits 1.282% risk (volatility on return distribution) over the 30 days horizon.
DOW has a standard deviation of returns of 1.28 and is 9.223372036854776E16 times more volatile than Perkins US Strategic Value E EUR Acc Hdg. 0% of all equities and portfolios are less risky than Perkins US. Compared to the overall equity markets, volatility of historical daily returns of Perkins US Strategic Value E EUR Acc Hdg is lower than 0 (%) of all global equities and portfolios over the last 30 days. Use Perkins US Strategic Value E EUR Acc Hdg to protect against small markets fluctuations. The fund experiences somewhat bearish sentiment, but market may correct it shortly. Check odds of Perkins US to be traded at 15.03 in 30 days. As returns on market increase, Perkins US returns are expected to increase less than the market. However during bear market, the loss on holding Perkins US will be expected to be smaller as well.
Perkins US correlation with market