Canara Robeco (India) Risk Analysis And Volatility Evaluation

F00000PDT1 -- India Fund  

INR 15.59  0.00  0.00%

Our philosophy towards foreseeing 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 Canara Robeco InDiGo Dir Gr which you can use to evaluate future volatility of the entity. Please confirm Canara Robeco InDiGo Risk Adjusted Performance of 0.1375 and Mean Deviation of 0.1005 to double-check if risk estimate we provide are consistent with the epected return of 0.0%.
Horizon     30 Days    Login   to change

Canara Robeco Market Sensitivity

As returns on market increase, Canara Robeco returns are expected to increase less than the market. However during bear market, the loss on holding Canara Robeco will be expected to be smaller as well.
One Month Beta |Analyze Canara Robeco InDiGo Demand Trend
Check current 30 days Canara Robeco correlation with market (DOW)
β = 0.0023

Canara Robeco Central Daily Price Deviation

Canara Robeco InDiGo 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.

Canara Robeco Projected Return Density Against Market

Assuming 30 trading days horizon, Canara Robeco has beta of 0.0023 suggesting as returns on market go up, Canara Robeco average returns are expected to increase less than the benchmark. However during bear market, the loss on holding Canara Robeco InDiGo Dir Gr will be expected to be much smaller as well. Moreover, Canara Robeco InDiGo Dir Gr has an alpha of 0.0226 implying that it can potentially generate 0.0226% excess return over DOW after adjusting for the inherited market risk (beta).
 Predicted Return Density 
      Returns 
α
Alpha over DOW
=0.0226
β
Beta against DOW=0.0023
σ
Overall volatility
=0.00
Ir
Information ratio =0.46

Canara Robeco Return Volatility

Canara Robeco InDiGo Dir Gr accepts 0.0% volatility on return distribution over the 30 days horizon. DOW inherits 1.225% risk (volatility on return distribution) over the 30 days horizon.
 Performance (%) 
      Timeline 

Market Risk Breakdown

Canara Robeco Volatility Factors

30 Days Market Risk

Unknown risk

Chance of Distress in 24 months

Unknown Distress

30 Days Economic Sensitivity

Insignificant

Investment Outlook

Canara Robeco Investment Opportunity

DOW has a standard deviation of returns of 1.23 and is 9.223372036854776E16 times more volatile than Canara Robeco InDiGo Dir Gr. 0% of all equities and portfolios are less risky than Canara Robeco. Compared to the overall equity markets, volatility of historical daily returns of Canara Robeco InDiGo Dir Gr is lower than 0 (%) of all global equities and portfolios over the last 30 days. Use Canara Robeco InDiGo Dir Gr to protect against small markets fluctuations. The fund experiences normal downward trend, but the immediate impact on correlations cannot be determined at the moment . Check odds of Canara Robeco to be traded at 15.43 in 30 days. As returns on market increase, Canara Robeco returns are expected to increase less than the market. However during bear market, the loss on holding Canara Robeco will be expected to be smaller as well.

Canara Robeco correlation with market

correlation synergy
Significant diversification
Overlapping area represents the amount of risk that can be diversified away by holding Canara Robeco InDiGo Dir Gr and equity matching DJI index in the same portfolio.

Canara Robeco Volatility Indicators

Canara Robeco InDiGo Dir Gr Current Risk Indicators

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