BOI AXA (India) Risk Analysis And Volatility Evaluation

F00000PRO6 -- India Fund  

INR 10.41  0.26  2.56%

We consider BOI AXA unknown risk. BOI AXA Regular secures Sharpe Ratio (or Efficiency) of 0.0063 which signifies that BOI AXA Regular had 0.0063% of return per unit of return volatility over the last 1 month. Our approach to 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 BOI AXA Regular Return Dir Mn Div which you can use to evaluate future volatility of the entity. Please confirm BOI AXA Regular Downside Deviation of 0.2783, Risk Adjusted Performance of 0.0569 and Mean Deviation of 0.2135 to double-check if risk estimate we provide are consistent with the epected return of 0.0091%.
Horizon     30 Days    Login   to change

BOI AXA Market Sensitivity

As returns on market increase, returns on owning BOI AXA are expected to decrease at a much smaller rate. During bear market, BOI AXA is likely to outperform the market.
One Month Beta |Analyze BOI AXA Regular Demand Trend
Check current 30 days BOI AXA correlation with market (DOW)
β = -0.111
BOI AXA Almost negative betaBOI AXA Regular Beta Legend

BOI AXA Regular 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.

BOI AXA Projected Return Density Against Market

Assuming 30 trading days horizon, BOI AXA Regular Return Dir Mn Div has beta of -0.111 suggesting as returns on benchmark increase, returns on holding BOI AXA are expected to decrease at a much smaller rate. During bear market, however, BOI AXA Regular Return Dir Mn Div is likely to outperform the market. Moreover, BOI AXA Regular Return Dir Mn Div has an alpha of 0.0573 implying that it can potentially generate 0.0573% excess return over DOW after adjusting for the inherited market risk (beta).
 Predicted Return Density 
      Returns 
Assuming 30 trading days horizon, the coefficient of variation of BOI AXA is 15974.75. The daily returns are destributed with a variance of 2.13 and standard deviation of 1.46. The mean deviation of BOI AXA Regular Return Dir Mn Div is currently at 0.73. For similar time horizon, the selected benchmark (DOW) has volatility of 0.45
α
Alpha over DOW
=0.06
β
Beta against DOW=0.11
σ
Overall volatility
=1.46
Ir
Information ratio =0.34

BOI AXA Return Volatility

BOI AXA Regular Return Dir Mn Div accepts 1.4605% volatility on return distribution over the 30 days horizon. DOW inherits 0.4168% risk (volatility on return distribution) over the 30 days horizon.
 Performance (%) 
      Timeline 

Market Risk Breakdown

BOI AXA Volatility Factors

30 Days Market Risk

Unknown risk

Chance of Distress in 24 months

Unknown Distress

30 Days Economic Sensitivity

Unaffected

Investment Outlook

BOI AXA Investment Opportunity

BOI AXA Regular Return Dir Mn Div has a volatility of 1.46 and is 3.48 times more volatile than DOW. 13% of all equities and portfolios are less risky than BOI AXA. Compared to the overall equity markets, volatility of historical daily returns of BOI AXA Regular Return Dir Mn Div is lower than 13 (%) of all global equities and portfolios over the last 30 days. Use BOI AXA Regular Return Dir Mn Div to enhance returns of your portfolios. The fund experiences unexpected upward trend. Watch out for market signals. Check odds of BOI AXA to be traded at 12.49 in 30 days. As returns on market increase, returns on owning BOI AXA are expected to decrease at a much smaller rate. During bear market, BOI AXA is likely to outperform the market.

BOI AXA correlation with market

Good diversification
Overlapping area represents the amount of risk that can be diversified away by holding BOI AXA Regular Return Dir Mn and equity matching DJI index in the same portfolio.

BOI AXA Volatility Indicators

BOI AXA Regular Return Dir Mn Div Current Risk Indicators

Additionally see Investing Opportunities. Please also try Cryptocurrency Center module to build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency.
Search macroaxis.com