Taurus Banking (India) Risk Analysis And Volatility Evaluation

F00000O7NI -- India Fund  

INR 21.41  0.60  2.73%

Our philosophy towards measuring 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 Taurus Banking Fin Services Gr which you can use to evaluate future volatility of the fund. Please validate Taurus Banking Coefficient Of Variation of 1274.38 and Risk Adjusted Performance of 0.1025 to confirm if risk estimate we provide are consistent with the epected return of 0.0%.
Horizon     30 Days    Login   to change

Taurus Banking Market Sensitivity

As returns on market increase, Taurus Banking returns are expected to increase less than the market. However during bear market, the loss on holding Taurus Banking will be expected to be smaller as well.
One Month Beta |Analyze Taurus Banking Fin Demand Trend
Check current 30 days Taurus Banking correlation with market (DOW)
β = 0.0316

Taurus Banking Central Daily Price Deviation

Taurus Banking Fin Technical Analysis

Transformation
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Taurus Banking Projected Return Density Against Market

Assuming 30 trading days horizon, Taurus Banking has beta of 0.0316 suggesting as returns on market go up, Taurus Banking average returns are expected to increase less than the benchmark. However during bear market, the loss on holding Taurus Banking Fin Services Gr will be expected to be much smaller as well. Moreover, Taurus Banking Fin Services Gr has an alpha of 0.2786 implying that it can potentially generate 0.2786% excess return over DOW after adjusting for the inherited market risk (beta).
 Predicted Return Density 
      Returns 
α
Alpha over DOW
=0.28
β
Beta against DOW=0.0316
σ
Overall volatility
=0.00
Ir
Information ratio =0.1

Taurus Banking Return Volatility

Taurus Banking Fin Services Gr accepts 0.0% volatility on return distribution over the 30 days horizon. DOW inherits 1.1955% risk (volatility on return distribution) over the 30 days horizon.
 Performance (%) 
      Timeline 

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Investment Outlook

Taurus Banking Investment Opportunity

DOW has a standard deviation of returns of 1.2 and is 9.223372036854776E16 times more volatile than Taurus Banking Fin Services Gr. 0% of all equities and portfolios are less risky than Taurus Banking. Compared to the overall equity markets, volatility of historical daily returns of Taurus Banking Fin Services Gr is lower than 0 (%) of all global equities and portfolios over the last 30 days. Use Taurus Banking Fin Services Gr to protect against small markets fluctuations. The fund experiences unexpected downward movement. The market is reacting to new fundamentals. Check odds of Taurus Banking to be traded at 20.55 in 30 days. As returns on market increase, Taurus Banking returns are expected to increase less than the market. However during bear market, the loss on holding Taurus Banking will be expected to be smaller as well.

Taurus Banking correlation with market

correlation synergy
Significant diversification
Overlapping area represents the amount of risk that can be diversified away by holding Taurus Banking Fin Services Gr and equity matching DJI index in the same portfolio.

Taurus Banking Volatility Indicators

Taurus Banking Fin Services Gr Current Risk Indicators

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