Our philosophy towards predicting 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 Fidelity US Loan Inc EUR which you can use to evaluate future volatility of the entity. Please confirm Fidelity US Loan Coefficient Of Variation of
(553.12) and Mean Deviation of 0.2712 to check if risk estimate we provide are consistent with the epected return of 0.0%.
|Horizon||30 Days Login to change|
Fidelity Market Sensitivity
|As returns on market increase, returns on owning Fidelity are expected to decrease at a much smaller rate. During bear market, Fidelity is likely to outperform the market.2 Months Beta |Analyze Fidelity US Loan Demand TrendCheck current 30 days Fidelity correlation with market (DOW)|
β = -0.0153
Fidelity Central Daily Price Deviation
Fidelity US Loan Technical Analysis
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Fidelity Projected Return Density Against MarketAssuming 30 trading days horizon, Fidelity US Loan Inc EUR has beta of -0.0153 suggesting as returns on benchmark increase, returns on holding Fidelity are expected to decrease at a much smaller rate. During bear market, however, Fidelity US Loan Inc EUR is likely to outperform the market. Additionally, Fidelity US Loan Inc EUR 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
|Alpha over DOW||=||0.08|
|Beta against DOW||=||0.02|
Fidelity Return VolatilityFidelity US Loan Inc EUR accepts 0.0% volatility on return distribution over the 30 days horizon. DOW inherits 1.2765% risk (volatility on return distribution) over the 30 days horizon.
DOW has a standard deviation of returns of 1.28 and is 9.223372036854776E16 times more volatile than Fidelity US Loan Inc EUR. 0% of all equities and portfolios are less risky than Fidelity. Compared to the overall equity markets, volatility of historical daily returns of Fidelity US Loan Inc EUR is lower than 0 (%) of all global equities and portfolios over the last 30 days. Use Fidelity US Loan Inc EUR to enhance returns of your portfolios. The fund experiences normal upward fluctuation. Check odds of Fidelity to be traded at 96.98 in 30 days. As returns on market increase, returns on owning Fidelity are expected to decrease at a much smaller rate. During bear market, Fidelity is likely to outperform the market.
Fidelity correlation with market