BOI AXA (India) Risk Analysis And Volatility

F00000PRO6 -- India Fund  

INR 9.92  0.0012  0.0121%

Macroaxis considers BOI AXA to be unknown risk. BOI AXA Regular secures Sharpe Ratio (or Efficiency) of -0.1604 which signifies that the fund had -0.1604% of return per unit of return volatility over the last 2 months. Macroaxis approach to 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. BOI AXA Regular Return Dir Mn Div exposes twenty-one different technical indicators which can help you to evaluate volatility that cannot be diversified away. Please be advised to confirm BOI AXA Regular Semi Deviation of 0.1732, Risk Adjusted Performance of (0.017386) and Mean Deviation of 0.1427 to double-check risk estimate we provide.
Horizon     30 Days    Login   to change

BOI AXA Market Sensitivity

As returns on market increase, BOI AXA returns are expected to increase less than the market. However during bear market, the loss on holding BOI AXA will be expected to be smaller as well.
2 Months Beta |Analyze BOI AXA Regular Demand Trend
Check current 30 days BOI AXA correlation with market (DOW)
β = 0.017

BOI AXA Central Daily Price Deviation

BOI AXA Regular Technical Analysis

Transformation
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BOI AXA Projected Return Density Against Market

Assuming 30 trading days horizon, BOI AXA has beta of 0.017 suggesting as returns on market go up, BOI AXA average returns are expected to increase less than the benchmark. However during bear market, the loss on holding BOI AXA Regular Return Dir Mn Div will be expected to be much smaller as well. Additionally, The company has a negative alpha implying that the risk taken by holding this equity is not justified. BOI AXA Regular is significantly underperforming DOW.
 Predicted Return Density 
      Returns 
Assuming 30 trading days horizon, the coefficient of variation of BOI AXA is -623.41. The daily returns are destributed with a variance of 0.03 and standard deviation of 0.17. The mean deviation of BOI AXA Regular Return Dir Mn Div is currently at 0.14. For similar time horizon, the selected benchmark (DOW) has volatility of 1.79
α
Alpha over DOW
=0.0042
β
Beta against DOW=0.017
σ
Overall volatility
=0.17
Ir
Information ratio =0.37

BOI AXA Return Volatility

the fund accepts 0.1695% volatility on return distribution over the 30 days horizon. the entity inherits 1.9131% risk (volatility on return distribution) over the 30 days horizon.
 Performance (%) 
      Timeline 

Market Risk Breakdown

BOI AXA Volatility Factors

60 Days Market Risk

Unknown risk

Chance of Distress in 24 months

Unknown Distress

60 Days Economic Sensitivity

Insignificant

Investment Outlook

BOI AXA Investment Opportunity

DOW has a standard deviation of returns of 1.91 and is 11.24 times more volatile than BOI AXA Regular Return Dir Mn Div. 1% 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 1 (%) of all global equities and portfolios over the last 30 days. Use BOI AXA Regular Return Dir Mn Div to protect your portfolios against small markets fluctuations. The fund experiences normal downward trend and little activity. Check odds of BOI AXA to be traded at 9.82 in 30 days. . As returns on market increase, BOI AXA returns are expected to increase less than the market. However during bear market, the loss on holding BOI AXA will be expected to be smaller as well.

BOI AXA correlation with market

correlation synergy
Average 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 Instant Ratings module to determine any equity ratings based on digital recommendations. macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.
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