Macroaxis considers Waverton Cautiousome to be unknown risk. Waverton Cautiousome shows Sharpe Ratio of -0.3566 which attests that Waverton Cautiousome had -0.3566% of return per unit of risk over the last 2 months. Macroaxis philosophy towards determining 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. Waverton Cautiousome exposes twenty-one different technical indicators which can help you to evaluate volatility that cannot be diversified away. Please be advised to check out Waverton Cautiousome Market Risk Adjusted Performance of 2.28 and Mean Deviation of 0.8826 to validate risk estimate we provide.
|Horizon||30 Days Login to change|
Waverton Cautiousome Market Sensitivity
|As returns on market increase, returns on owning Waverton Cautiousome are expected to decrease at a much smaller rate. During bear market, Waverton Cautiousome is likely to outperform the market.2 Months Beta |Analyze Waverton Cautiousome Demand TrendCheck current 30 days Waverton Cautiousome correlation with market (DOW)|
β = -0.2423
Waverton Cautiousome Central Daily Price Deviation
Waverton Cautiousome Technical Analysis
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Waverton Cautiousome Projected Return Density Against MarketAssuming 30 trading days horizon, Waverton Cautiousome P GBP has beta of -0.2423 suggesting as returns on benchmark increase, returns on holding Waverton Cautiousome are expected to decrease at a much smaller rate. During bear market, however, Waverton Cautiousome P GBP is likely to outperform the market. Additionally, Waverton Cautiousome P GBP 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
Assuming 30 trading days horizon, the coefficient of variation of Waverton Cautiousome is -280.44. The daily returns are destributed with a variance of 1.63 and standard deviation of 1.28. The mean deviation of Waverton Cautiousome P GBP is currently at 0.88. For similar time horizon, the selected benchmark (DOW) has volatility of 1.32
|Alpha over DOW||=||0.59|
|Beta against DOW||=||0.24|
Waverton Cautiousome Return VolatilityWaverton Cautiousome P GBP accepts 1.2774% volatility on return distribution over the 30 days horizon. DOW inherits 1.3471% risk (volatility on return distribution) over the 30 days horizon.
DOW has a standard deviation of returns of 1.35 and is 1.05 times more volatile than Waverton Cautiousome P GBP. 11% of all equities and portfolios are less risky than Waverton Cautiousome. Compared to the overall equity markets, volatility of historical daily returns of Waverton Cautiousome P GBP is lower than 11 (%) of all global equities and portfolios over the last 30 days. Use Waverton Cautiousome P GBP to protect against small markets fluctuations. The fund experiences moderate downward daily trend and can be a good diversifier. Check odds of Waverton Cautiousome to be traded at p;1045.66 in 30 days. As returns on market increase, returns on owning Waverton Cautiousome are expected to decrease at a much smaller rate. During bear market, Waverton Cautiousome is likely to outperform the market.
Waverton Cautiousome correlation with market