BNP Paribas (India) Risk Analysis And Volatility

F00000NS2I -- India Fund  

INR 10.15  0.0021  0.0207%

We consider BNP Paribas not too volatile. BNP Paribas ST secures Sharpe Ratio (or Efficiency) of 0.0273 which signifies that the fund had 0.0273% 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 BNP Paribas ST Income Qt Div which you can use to evaluate future volatility of the entity. Please confirm BNP Paribas ST Mean Deviation of 0.191 and Risk Adjusted Performance of 0.043 to double-check if risk estimate we provide are consistent with the epected return of 0.0121%.
Horizon     30 Days    Login   to change

BNP Paribas Market Sensitivity

As returns on market increase, returns on owning BNP Paribas are expected to decrease at a much smaller rate. During bear market, BNP Paribas is likely to outperform the market.
2 Months Beta |Analyze BNP Paribas ST Demand Trend
Check current 30 days BNP Paribas correlation with market (DOW)
β = -0.0288

BNP Paribas Central Daily Price Deviation

BNP Paribas ST Technical Analysis

Transformation
The output start index for this execution was zero with a total number of output elements of thirty-nine. BNP Paribas ST Average Price is the average of the sum of open, high, low and close daily prices of a bar. It can be used to smooth an indicator that normally takes just the closing price as input. View also all equity analysis or get more info about average price price transform indicator.

BNP Paribas Projected Return Density Against Market

Assuming 30 trading days horizon, BNP Paribas ST Income Qt Div has beta of -0.0288 suggesting as returns on benchmark increase, returns on holding BNP Paribas are expected to decrease at a much smaller rate. During bear market, however, BNP Paribas ST Income Qt Div is likely to outperform the market. Moreover, The company has an alpha of 0.0167 implying that it can potentially generate 0.0167% 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 BNP Paribas is 3666.36. The daily returns are destributed with a variance of 0.2 and standard deviation of 0.44. The mean deviation of BNP Paribas ST Income Qt Div is currently at 0.14. For similar time horizon, the selected benchmark (DOW) has volatility of 1.74
α
Alpha over DOW
=0.0167
β
Beta against DOW=0.03
σ
Overall volatility
=0.44
Ir
Information ratio =0.44

BNP Paribas Return Volatility

the fund accepts 0.4434% volatility on return distribution over the 30 days horizon. the entity inherits 1.6372% risk (volatility on return distribution) over the 30 days horizon.
 Performance (%) 
      Timeline 

Market Risk Breakdown

BNP Paribas Volatility Factors

60 Days Market Risk

Not too volatile

Chance of Distress in 24 months

Very Small

60 Days Economic Sensitivity

Moves indifferently to market moves

Investment Outlook

BNP Paribas Investment Opportunity

DOW has a standard deviation of returns of 1.64 and is 3.73 times more volatile than BNP Paribas ST Income Qt Div. 4% of all equities and portfolios are less risky than BNP Paribas. Compared to the overall equity markets, volatility of historical daily returns of BNP Paribas ST Income Qt Div is lower than 4 (%) of all global equities and portfolios over the last 30 days. Use BNP Paribas ST Income Qt Div to enhance returns of your portfolios. The fund experiences normal upward fluctuation. Check odds of BNP Paribas to be traded at 10.66 in 30 days. . As returns on market increase, returns on owning BNP Paribas are expected to decrease at a much smaller rate. During bear market, BNP Paribas is likely to outperform the market.

BNP Paribas correlation with market

correlation synergy
Good diversification
Overlapping area represents the amount of risk that can be diversified away by holding BNP Paribas ST Income Qt Div and equity matching DJI index in the same portfolio.

BNP Paribas Volatility Indicators

BNP Paribas ST Income Qt Div Current Risk Indicators

Additionally see Investing Opportunities. Please also try Fund Screener module to find activelly-traded funds from around the world traded on over 30 global exchanges.
Search macroaxis.com