Our way of 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 SBI Emerging Businesses Dir Gr which you can use to evaluate future volatility of the entity. Please validate SBI Emerging Risk Adjusted Performance of 0.4287, Market Risk Adjusted Performance of
(2.22) and Downside Deviation of 1.21 to confirm if risk estimate we provide are consistent with the epected return of 0.0%.
|Horizon||30 Days Login to change|
SBI Emerging Market Sensitivity
|As returns on market increase, returns on owning SBI Emerging are expected to decrease at a much smaller rate. During bear market, SBI Emerging is likely to outperform the market. 2 Months Beta |Analyze SBI Emerging Businesses Demand TrendCheck current 30 days SBI Emerging correlation with market (DOW)|
β = -0.1778
SBI Emerging Central Daily Price Deviation
SBI Emerging Businesses Technical Analysis
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SBI Emerging Projected Return Density Against MarketAssuming 30 trading days horizon, SBI Emerging Businesses Dir Gr has beta of -0.1778 suggesting as returns on benchmark increase, returns on holding SBI Emerging are expected to decrease at a much smaller rate. During bear market, however, SBI Emerging Businesses Dir Gr is likely to outperform the market. Moreover, SBI Emerging Businesses Dir Gr has an alpha of 0.3643 implying that it can potentially generate 0.3643% excess return over DOW after adjusting for the inherited market risk (beta).
Predicted Return Density
|Alpha over DOW||=||0.36|
|Beta against DOW||=||0.18|
SBI Emerging Return VolatilitySBI Emerging Businesses Dir Gr accepts 0.0% volatility on return distribution over the 30 days horizon. DOW inherits 2.0388% risk (volatility on return distribution) over the 30 days horizon.
DOW has a standard deviation of returns of 2.04 and is 9.223372036854776E16 times more volatile than SBI Emerging Businesses Dir Gr. 0% of all equities and portfolios are less risky than SBI Emerging. Compared to the overall equity markets, volatility of historical daily returns of SBI Emerging Businesses Dir Gr is lower than 0 (%) of all global equities and portfolios over the last 30 days. Use SBI Emerging Businesses Dir Gr to protect your portfolios against small markets fluctuations. The fund experiences somewhat bearish sentiment, but market may correct it shortly. Check odds of SBI Emerging to be traded at 128.7 in 30 days. . As returns on market increase, returns on owning SBI Emerging are expected to decrease at a much smaller rate. During bear market, SBI Emerging is likely to outperform the market.
SBI Emerging correlation with market