Canara Robeco (India) Risk Analysis And Volatility

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 technical indicators for Canara Robeco InDiGo Dir Gr which you can use to evaluate future volatility of the entity. Please confirm Canara Robeco InDiGo Coefficient Of Variation of 780.23, Risk Adjusted Performance of 0.1799 and Mean Deviation of 0.1519 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, returns on owning Canara Robeco are expected to decrease at a much smaller rate. During bear market, Canara Robeco is likely to outperform the market.
2 Months Beta |Analyze Canara Robeco InDiGo Demand Trend
Check current 30 days Canara Robeco correlation with market (DOW)
β = -0.0069

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 InDiGo Dir Gr has beta of -0.0069 suggesting as returns on benchmark increase, returns on holding Canara Robeco are expected to decrease at a much smaller rate. During bear market, however, Canara Robeco InDiGo Dir Gr is likely to outperform the market. Moreover, The company has an alpha of 0.0288 implying that it can potentially generate 0.0288% excess return over DOW after adjusting for the inherited market risk (beta).
 Predicted Return Density 
      Returns 
α
Alpha over DOW
=0.0288
β
Beta against DOW=0.0069
σ
Overall volatility
=0.00
Ir
Information ratio =0.14

Canara Robeco Return Volatility

the fund accepts 0.0% volatility on return distribution over the 30 days horizon. the entity inherits 1.9256% risk (volatility on return distribution) over the 30 days horizon.
 Performance (%) 
      Timeline 

Market Risk Breakdown

Canara Robeco Volatility Factors

60 Days Market Risk

Unknown risk

Chance of Distress in 24 months

Unknown Distress

60 Days Economic Sensitivity

Insignificant

Investment Outlook

Canara Robeco Investment Opportunity

DOW has a standard deviation of returns of 1.93 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 your portfolios 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, returns on owning Canara Robeco are expected to decrease at a much smaller rate. During bear market, Canara Robeco is likely to outperform the market.

Canara Robeco correlation with market

correlation synergy
Good 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

Additionally see Investing Opportunities. Please also try Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.
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