Our way in which we are determining 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 technical indicators for JM Balanced which you can use to evaluate future volatility of the entity. Please check out JM Balanced Dir HY Bns Princ Variance of 0.1328, Market Risk Adjusted Performance of 3.54 and Downside Deviation of 0.3823 to validate if risk estimate we provide are consistent with the epected return of 0.0%.
|Horizon||30 Days Login to change|
JM Balanced Market Sensitivity
|As returns on market increase, JM Balanced returns are expected to increase less than the market. However during bear market, the loss on holding JM Balanced will be expected to be smaller as well. 2 Months Beta |Analyze JM Balanced Dir Demand TrendCheck current 30 days JM Balanced correlation with market (DOW)|
β = 0.024
JM Balanced Central Daily Price Deviation
JM Balanced Dir Technical Analysis
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JM Balanced Projected Return Density Against MarketAssuming 30 trading days horizon, JM Balanced has beta of 0.024 suggesting as returns on market go up, JM Balanced average returns are expected to increase less than the benchmark. However during bear market, the loss on holding JM Balanced Dir HY Bns Princ will be expected to be much smaller as well. Moreover, JM Balanced Dir HY Bns Princ has an alpha of 0.089 implying that it can potentially generate 0.089% excess return over DOW after adjusting for the inherited market risk (beta).
Predicted Return Density
|Alpha over DOW||=||0.09|
|Beta against DOW||=||0.024|
JM Balanced Return VolatilityJM Balanced Dir HY Bns Princ accepts 0.0% volatility on return distribution over the 30 days horizon. DOW inherits 2.0388% risk (volatility on return distribution) over the 30 days horizon.
DOW has a standard deviation of returns of 2.04 and is 9.223372036854776E16 times more volatile than JM Balanced Dir HY Bns Princ. 0% of all equities and portfolios are less risky than JM Balanced. Compared to the overall equity markets, volatility of historical daily returns of JM Balanced Dir HY Bns Princ is lower than 0 (%) of all global equities and portfolios over the last 30 days. Use JM Balanced Dir HY Bns Princ to enhance returns of your portfolios. The fund experiences normal upward fluctuation. Check odds of JM Balanced to be traded at 52.11 in 30 days. . As returns on market increase, JM Balanced returns are expected to increase less than the market. However during bear market, the loss on holding JM Balanced will be expected to be smaller as well.
JM Balanced correlation with market