ICICI Pru (India) Risk Analysis And Volatility Evaluation

F00000PZQD -- India Fund  

INR 101.64  0.03  0.0295%

Our approach towards determining 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 ICICI Pru Flexible which you can use to evaluate future volatility of the entity. Please check out ICICI Pru to validate if risk estimate we provide are consistent with the epected return of 0.0%.
Horizon     30 Days    Login   to change

ICICI Pru Market Sensitivity

As returns on market increase, returns on owning ICICI Pru are expected to decrease at a much smaller rate. During bear market, ICICI Pru is likely to outperform the market.
One Month Beta |Analyze ICICI Pru Flexible Demand Trend
Check current 30 days ICICI Pru correlation with market (DOW)
β = -0.0352

ICICI Pru Central Daily Price Deviation

ICICI Pru Flexible Technical Analysis

Transformation
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ICICI Pru Projected Return Density Against Market

Assuming 30 trading days horizon, ICICI Pru Flexible Inc Dir Mn Div has beta of -0.0352 suggesting as returns on benchmark increase, returns on holding ICICI Pru are expected to decrease at a much smaller rate. During bear market, however, ICICI Pru Flexible Inc Dir Mn Div is likely to outperform the market. Additionally, ICICI Pru Flexible Inc Dir Mn Div has a negative alpha implying that the risk taken by holding this equity is not justified. The company is significantly underperforming DOW
 Predicted Return Density 
      Returns 
α
Alpha over DOW
=0.05
β
Beta against DOW=0.04
σ
Overall volatility
=0.00
Ir
Information ratio =0.15

ICICI Pru Return Volatility

ICICI Pru Flexible Inc Dir Mn Div accepts 0.0% volatility on return distribution over the 30 days horizon. DOW inherits 1.2951% risk (volatility on return distribution) over the 30 days horizon.
 Performance (%) 
      Timeline 

Market Risk Breakdown

ICICI Pru Volatility Factors

30 Days Market Risk

Unknown risk

Chance of Distress in 24 months

Unknown Distress

30 Days Economic Sensitivity

Insignificant

Investment Outlook

ICICI Pru Investment Opportunity

DOW has a standard deviation of returns of 1.3 and is 9.223372036854776E16 times more volatile than ICICI Pru Flexible Inc Dir Mn Div. 0% of all equities and portfolios are less risky than ICICI Pru. Compared to the overall equity markets, volatility of historical daily returns of ICICI Pru Flexible Inc Dir Mn Div is lower than 0 (%) of all global equities and portfolios over the last 30 days. Use ICICI Pru Flexible Inc Dir Mn Div to enhance returns of your portfolios. The fund experiences normal upward fluctuation. Check odds of ICICI Pru to be traded at 106.72 in 30 days. As returns on market increase, returns on owning ICICI Pru are expected to decrease at a much smaller rate. During bear market, ICICI Pru is likely to outperform the market.

ICICI Pru correlation with market

correlation synergy
Good diversification
Overlapping area represents the amount of risk that can be diversified away by holding ICICI Pru Flexible Inc Dir Mn and equity matching DJI index in the same portfolio.

ICICI Pru Volatility Indicators

ICICI Pru Flexible Inc Dir Mn Div Current Risk Indicators

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