Our philosophy towards forecasting 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 Polar UK Absolute which you can use to evaluate future volatility of the fund. Please check Polar UK Absolute Risk Adjusted Performance of
(0.34) and Coefficient Of Variation of (560.83) to confirm if risk estimate we provide are consistent with the epected return of 0.0%.
|Horizon||30 Days Login to change|
Polar UK Market Sensitivity
|As returns on market increase, returns on owning Polar UK are expected to decrease at a much smaller rate. During bear market, Polar UK is likely to outperform the market. 2 Months Beta |Analyze Polar UK Absolute Demand TrendCheck current 30 days Polar UK correlation with market (DOW)|
β = -0.0186
Polar UK Central Daily Price Deviation
Polar UK Absolute Technical Analysis
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Polar UK Projected Return Density Against MarketAssuming 30 trading days horizon, Polar UK Absolute Equity S Euro has beta of -0.0186 suggesting as returns on benchmark increase, returns on holding Polar UK are expected to decrease at a much smaller rate. During bear market, however, Polar UK Absolute Equity S Euro is likely to outperform the market. Additionally, The company has a negative alpha implying that the risk taken by holding this equity is not justified. Polar UK Absolute is significantly underperforming DOW.
Predicted Return Density
|Alpha over DOW||=||0.12|
|Beta against DOW||=||0.02|
Polar UK Return Volatilitythe fund accepts 0.0% volatility on return distribution over the 30 days horizon. the entity inherits 1.8781% risk (volatility on return distribution) over the 30 days horizon.
DOW has a standard deviation of returns of 1.88 and is 9.223372036854776E16 times more volatile than Polar UK Absolute Equity S Euro. 0% of all equities and portfolios are less risky than Polar UK. Compared to the overall equity markets, volatility of historical daily returns of Polar UK Absolute Equity S Euro is lower than 0 (%) of all global equities and portfolios over the last 30 days. Use Polar UK Absolute Equity S Euro to enhance returns of your portfolios. The fund experiences large bullish trend. Check odds of Polar UK to be traded at 25.5 in 30 days. . As returns on market increase, returns on owning Polar UK are expected to decrease at a much smaller rate. During bear market, Polar UK is likely to outperform the market.
Polar UK correlation with market