JM Money (India) Risk Analysis And Volatility Evaluation

F00000PCXL -- India Fund  

INR 10.33  0.04  0.39%

Our way in which we are determining 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 JM Money which you can use to evaluate future volatility of the entity. Please check out JM Money Manager Super Plus Dir Fr Div Standard Deviation of 0.0742 and Market Risk Adjusted Performance of 0.8613 to validate if risk estimate we provide are consistent with the epected return of 0.0%.
Horizon     30 Days    Login   to change

JM Money Market Sensitivity

As returns on market increase, returns on owning JM Money are expected to decrease at a much smaller rate. During bear market, JM Money is likely to outperform the market.
One Month Beta |Analyze JM Money Manager Demand Trend
Check current 30 days JM Money correlation with market (DOW)
β = -0.0178

JM Money Central Daily Price Deviation

JM Money Manager 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.

JM Money Projected Return Density Against Market

Assuming 30 trading days horizon, JM Money Manager Super Plus Dir Fr Div has beta of -0.0178 suggesting as returns on benchmark increase, returns on holding JM Money are expected to decrease at a much smaller rate. During bear market, however, JM Money Manager Super Plus Dir Fr Div is likely to outperform the market. Additionally, JM Money Manager Super Plus Dir Fr 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=0.02
σ
Overall volatility
=0.00
Ir
Information ratio =1.39

JM Money Return Volatility

JM Money Manager Super Plus Dir Fr Div accepts 0.0% volatility on return distribution over the 30 days horizon. DOW inherits 1.2054% risk (volatility on return distribution) over the 30 days horizon.
 Performance (%) 
      Timeline 

Market Risk Breakdown

JM Money Volatility Factors

30 Days Market Risk

Unknown risk

Chance of Distress in 24 months

Unknown Distress

30 Days Economic Sensitivity

Insignificant

Investment Outlook

JM Money Investment Opportunity

DOW has a standard deviation of returns of 1.21 and is 9.223372036854776E16 times more volatile than JM Money Manager Super Plus Dir Fr Div. 0% of all equities and portfolios are less risky than JM Money. Compared to the overall equity markets, volatility of historical daily returns of JM Money Manager Super Plus Dir Fr Div is lower than 0 (%) of all global equities and portfolios over the last 30 days. Use JM Money Manager Super Plus Dir Fr Div to protect against small markets fluctuations. The fund experiences normal downward trend and little activity. Check odds of JM Money to be traded at 10.23 in 30 days. As returns on market increase, returns on owning JM Money are expected to decrease at a much smaller rate. During bear market, JM Money is likely to outperform the market.

JM Money correlation with market

correlation synergy
Very good diversification
Overlapping area represents the amount of risk that can be diversified away by holding JM Money Manager Super Plus Di and equity matching DJI index in the same portfolio.

JM Money Volatility Indicators

JM Money Manager Super Plus Dir Fr Div Current Risk Indicators

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