Macroaxis considers DSP BlackRock to be unknown risk. DSP BlackRock Bank secures Sharpe Ratio (or Efficiency) of -0.0904 which denotes the fund had -0.0904% of return per unit of risk over the last 2 months. Macroaxis philosophy in predicting 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. DSP BlackRock Bank PSU Debt 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 DSP BlackRock Bank Mean Deviation of 0.2218 to check risk estimate we provide.
|Horizon||30 Days Login to change|
DSP BlackRock Market Sensitivity
|As returns on market increase, DSP BlackRock returns are expected to increase less than the market. However during bear market, the loss on holding DSP BlackRock will be expected to be smaller as well. 2 Months Beta |Analyze DSP BlackRock Bank Demand TrendCheck current 30 days DSP BlackRock correlation with market (DOW)|
β = 0.0063
DSP BlackRock Central Daily Price Deviation
DSP BlackRock Bank Technical Analysis
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DSP BlackRock Projected Return Density Against MarketAssuming 30 trading days horizon, DSP BlackRock has beta of 0.0063 suggesting as returns on market go up, DSP BlackRock average returns are expected to increase less than the benchmark. However during bear market, the loss on holding DSP BlackRock Bank PSU Debt 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. DSP BlackRock Bank is significantly underperforming DOW.
Predicted Return Density
Assuming 30 trading days horizon, the coefficient of variation of DSP BlackRock is -1105.72. The daily returns are destributed with a variance of 0.05 and standard deviation of 0.23. The mean deviation of DSP BlackRock Bank PSU Debt Dir Mn Div is currently at 0.1. For similar time horizon, the selected benchmark (DOW) has volatility of 1.79
|Alpha over DOW||=||0.02|
|Beta against DOW||=||0.0063|
DSP BlackRock Return Volatilitythe fund accepts 0.231% volatility on return distribution over the 30 days horizon. the entity inherits 1.9038% risk (volatility on return distribution) over the 30 days horizon.
DOW has a standard deviation of returns of 1.9 and is 8.26 times more volatile than DSP BlackRock Bank PSU Debt Dir Mn Div. 2% of all equities and portfolios are less risky than DSP BlackRock. Compared to the overall equity markets, volatility of historical daily returns of DSP BlackRock Bank PSU Debt Dir Mn Div is lower than 2 (%) of all global equities and portfolios over the last 30 days. Use DSP BlackRock Bank PSU Debt Dir Mn Div to enhance returns of your portfolios. The fund experiences normal upward fluctuation. Check odds of DSP BlackRock to be traded at 10.73 in 30 days. . As returns on market increase, DSP BlackRock returns are expected to increase less than the market. However during bear market, the loss on holding DSP BlackRock will be expected to be smaller as well.
DSP BlackRock correlation with market