Sundaram Money (India) Risk Analysis And Volatility Evaluation

F00000PX98 -- India Fund  

INR 13.53  0.01  0.07%

Our philosophy towards measuring 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 Sundaram Money Reg Bns which you can use to evaluate future volatility of the fund. Please validate Sundaram Money Coefficient Of Variation of 366.09 and Risk Adjusted Performance of 0.2995 to confirm if risk estimate we provide are consistent with the epected return of 0.0%.
Horizon     30 Days    Login   to change

Sundaram Money Market Sensitivity

As returns on market increase, returns on owning Sundaram Money are expected to decrease at a much smaller rate. During bear market, Sundaram Money is likely to outperform the market.
One Month Beta |Analyze Sundaram Money Reg Demand Trend
Check current 30 days Sundaram Money correlation with market (DOW)
β = -0.0089

Sundaram Money Central Daily Price Deviation

Sundaram Money Reg Technical Analysis

Transformation
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Sundaram Money Projected Return Density Against Market

Assuming 30 trading days horizon, Sundaram Money Reg Bns has beta of -0.0089 suggesting as returns on benchmark increase, returns on holding Sundaram Money are expected to decrease at a much smaller rate. During bear market, however, Sundaram Money Reg Bns is likely to outperform the market. Moreover, Sundaram Money Reg Bns has an alpha of 0.0774 implying that it can potentially generate 0.0774% excess return over DOW after adjusting for the inherited market risk (beta).
 Predicted Return Density 
      Returns 
α
Alpha over DOW
=0.08
β
Beta against DOW=0.0089
σ
Overall volatility
=0.00
Ir
Information ratio =0.23

Sundaram Money Return Volatility

Sundaram Money Reg Bns accepts 0.0% volatility on return distribution over the 30 days horizon. DOW inherits 1.2197% risk (volatility on return distribution) over the 30 days horizon.
 Performance (%) 
      Timeline 

Market Risk Breakdown

Sundaram Money Volatility Factors

30 Days Market Risk

Unknown risk

Chance of Distress in 24 months

Unknown Distress

30 Days Economic Sensitivity

Insignificant

Investment Outlook

Sundaram Money Investment Opportunity

DOW has a standard deviation of returns of 1.22 and is 9.223372036854776E16 times more volatile than Sundaram Money Reg Bns. 0% of all equities and portfolios are less risky than Sundaram Money. Compared to the overall equity markets, volatility of historical daily returns of Sundaram Money Reg Bns is lower than 0 (%) of all global equities and portfolios over the last 30 days. Use Sundaram Money Reg Bns to enhance returns of your portfolios. The fund experiences normal upward fluctuation. Check odds of Sundaram Money to be traded at 14.21 in 30 days. As returns on market increase, returns on owning Sundaram Money are expected to decrease at a much smaller rate. During bear market, Sundaram Money is likely to outperform the market.

Sundaram Money correlation with market

correlation synergy
Good diversification
Overlapping area represents the amount of risk that can be diversified away by holding Sundaram Money Reg Bns and equity matching DJI index in the same portfolio.

Sundaram Money Volatility Indicators

Sundaram Money Reg Bns Current Risk Indicators

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