Birla Sun (India) Risk Analysis And Volatility Evaluation

F00000V2KF -- India Fund  

INR 13.41  0.06  0.45%

Our philosophy towards foreseeing 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 Birla Sun Life Eq Svgs Dir Gr which you can use to evaluate future volatility of the entity. Please confirm Birla Sun Life Risk Adjusted Performance of 0.04946 and Mean Deviation of 0.3211 to double-check if risk estimate we provide are consistent with the epected return of 0.0%.
Horizon     30 Days    Login   to change

Birla Sun Market Sensitivity

As returns on market increase, returns on owning Birla Sun are expected to decrease at a much smaller rate. During bear market, Birla Sun is likely to outperform the market.
One Month Beta |Analyze Birla Sun Life Demand Trend
Check current 30 days Birla Sun correlation with market (DOW)
β = -0.0431
Birla Sun Almost negative betaBirla Sun Life Beta Legend

Birla Sun Life Technical Analysis

Transformation
We are not able to run technical analysis function on this symbol. We either do not have that equity or its historical data is not available at this time. Please try again later.

Birla Sun Projected Return Density Against Market

Assuming 30 trading days horizon, Birla Sun Life Eq Svgs Dir Gr has beta of -0.0431 suggesting as returns on benchmark increase, returns on holding Birla Sun are expected to decrease at a much smaller rate. During bear market, however, Birla Sun Life Eq Svgs Dir Gr is likely to outperform the market. Additionally, Birla Sun Life Eq Svgs Dir Gr 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
=0.06
β
Beta against DOW=0.04
σ
Overall volatility
=0.00
Ir
Information ratio =0.48

Birla Sun Return Volatility

Birla Sun Life Eq Svgs Dir Gr accepts 0.0% volatility on return distribution over the 30 days horizon. DOW inherits 0.4168% risk (volatility on return distribution) over the 30 days horizon.
 Performance (%) 
      Timeline 

Market Risk Breakdown

Birla Sun Volatility Factors

30 Days Market Risk

Unknown risk

Chance of Distress in 24 months

Unknown Distress

30 Days Economic Sensitivity

Unaffected

Investment Outlook

Birla Sun Investment Opportunity

DOW has a standard deviation of returns of 0.42 and is 9.223372036854776E16 times more volatile than Birla Sun Life Eq Svgs Dir Gr. 0% of all equities and portfolios are less risky than Birla Sun. Compared to the overall equity markets, volatility of historical daily returns of Birla Sun Life Eq Svgs Dir Gr is lower than 0 (%) of all global equities and portfolios over the last 30 days. Use Birla Sun Life Eq Svgs Dir Gr to protect against small markets fluctuations. The fund experiences normal downward trend and little activity. Check odds of Birla Sun to be traded at 13.28 in 30 days. As returns on market increase, returns on owning Birla Sun are expected to decrease at a much smaller rate. During bear market, Birla Sun is likely to outperform the market.

Birla Sun correlation with market

Good diversification
Overlapping area represents the amount of risk that can be diversified away by holding Birla Sun Life Eq Svgs Dir Gr and equity matching DJI index in the same portfolio.

Birla Sun Volatility Indicators

Birla Sun Life Eq Svgs Dir Gr Current Risk Indicators

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