Baroda Pioneer (India) Risk Analysis And Volatility Evaluation

F00000PDNN -- India Fund  

INR 33.67  2.00  6.32%

Macroaxis considers Baroda Pioneer to be unknown risk. Baroda Pioneer Growth secures Sharpe Ratio (or Efficiency) of -0.7424 which signifies that Baroda Pioneer Growth had -0.7424% of return per unit of risk over the last 1 month. Macroaxis philosophy towards foreseeing risk of any fund is to look at both systematic and un-systematic factors of the business, including all available market data and technical indicators. Baroda Pioneer Growth B Dir Div exposes twenty-one different technical indicators which can help you to evaluate volatility that cannot be diversified away. Please be advised to confirm Baroda Pioneer Growth Risk Adjusted Performance of 0.026461 and Mean Deviation of 0.8968 to double-check risk estimate we provide.
Horizon     30 Days    Login   to change

Baroda Pioneer Market Sensitivity

As market goes up, the company is expected to significantly outperform it. However, if the market returns are negative, Baroda Pioneer will likely underperform.
One Month Beta |Analyze Baroda Pioneer Growth Demand Trend
Check current 30 days Baroda Pioneer correlation with market (DOW)
β = 2.0612
Baroda Pioneer Large BetaBaroda Pioneer Growth Beta Legend

Baroda Pioneer Growth Technical Analysis

Transformation
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Baroda Pioneer Projected Return Density Against Market

Assuming 30 trading days horizon, the fund has beta coefficient of 2.0612 suggesting as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are expected to be negative, Baroda Pioneer will likely underperform. Additionally, Baroda Pioneer Growth B Dir 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 
Assuming 30 trading days horizon, the coefficient of variation of Baroda Pioneer is -134.7. The daily returns are destributed with a variance of 9.99 and standard deviation of 3.16. The mean deviation of Baroda Pioneer Growth B Dir Div is currently at 2.65. For similar time horizon, the selected benchmark (DOW) has volatility of 0.44
α
Alpha over DOW
=0.25
β
Beta against DOW=2.06
σ
Overall volatility
=3.16
Ir
Information ratio =0.12

Baroda Pioneer Return Volatility

Baroda Pioneer Growth B Dir Div accepts 3.1603% volatility on return distribution over the 30 days horizon. DOW inherits 0.4495% risk (volatility on return distribution) over the 30 days horizon.
 Performance (%) 
      Timeline 

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Investment Outlook

Baroda Pioneer Investment Opportunity

Baroda Pioneer Growth B Dir Div has a volatility of 3.16 and is 7.02 times more volatile than DOW. 28% of all equities and portfolios are less risky than Baroda Pioneer. Compared to the overall equity markets, volatility of historical daily returns of Baroda Pioneer Growth B Dir Div is lower than 28 (%) of all global equities and portfolios over the last 30 days. Use Baroda Pioneer Growth B Dir Div to enhance returns of your portfolios. The fund experiences very speculative upward sentiment.. Check odds of Baroda Pioneer to be traded at 42.09 in 30 days. As market goes up, the company is expected to significantly outperform it. However, if the market returns are negative, Baroda Pioneer will likely underperform.

Baroda Pioneer correlation with market

Very weak diversification
Overlapping area represents the amount of risk that can be diversified away by holding Baroda Pioneer Growth B Dir Di and equity matching DJI index in the same portfolio.

Baroda Pioneer Volatility Indicators

Baroda Pioneer Growth B Dir Div Current Risk Indicators

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