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 technical indicators for Tata Floater Dir Gr which you can use to evaluate future volatility of the fund. Please validate Tata Floater Risk Adjusted Performance of 0.5184, Downside Deviation of 0.0978 and Standard Deviation of 0.3874 to confirm if risk estimate we provide are consistent with the epected return of 0.0%.
|Horizon||30 Days Login to change|
Tata Floater Market Sensitivity
|As returns on market increase, returns on owning Tata Floater are expected to decrease at a much smaller rate. During bear market, Tata Floater is likely to outperform the market. 2 Months Beta |Analyze Tata Floater Dir Demand TrendCheck current 30 days Tata Floater correlation with market (DOW)|
β = -0.038
Tata Floater Central Daily Price Deviation
Tata Floater Dir Technical Analysis
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Tata Floater Projected Return Density Against MarketAssuming 30 trading days horizon, Tata Floater Dir Gr has beta of -0.038 suggesting as returns on benchmark increase, returns on holding Tata Floater are expected to decrease at a much smaller rate. During bear market, however, Tata Floater Dir Gr is likely to outperform the market. Moreover, The company has an alpha of 0.1125 implying that it can potentially generate 0.1125% excess return over DOW after adjusting for the inherited market risk (beta).
Predicted Return Density
|Alpha over DOW||=||0.11|
|Beta against DOW||=||0.04|
Tata Floater Return Volatilitythe fund accepts 0.0% volatility on return distribution over the 30 days horizon. the entity inherits 1.9131% risk (volatility on return distribution) over the 30 days horizon.
DOW has a standard deviation of returns of 1.91 and is 9.223372036854776E16 times more volatile than Tata Floater Dir Gr. 0% of all equities and portfolios are less risky than Tata Floater. Compared to the overall equity markets, volatility of historical daily returns of Tata Floater Dir Gr is lower than 0 (%) of all global equities and portfolios over the last 30 days. Use Tata Floater Dir Gr to enhance returns of your portfolios. The fund experiences normal upward fluctuation. Check odds of Tata Floater to be traded at 2916.62 in 30 days. . As returns on market increase, returns on owning Tata Floater are expected to decrease at a much smaller rate. During bear market, Tata Floater is likely to outperform the market.
Tata Floater correlation with market