Our approach to 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 ANIMA Star Bond B Acc which you can use to evaluate future volatility of the entity. Please confirm ANIMA Star Bond Mean Deviation of 0.1892 and Risk Adjusted Performance of
(0.48) to double-check if risk estimate we provide are consistent with the epected return of 0.0%.
|Horizon||30 Days Login to change|
ANIMA Star Market Sensitivity
|As returns on market increase, returns on owning ANIMA Star are expected to decrease at a much smaller rate. During bear market, ANIMA Star is likely to outperform the market. 2 Months Beta |Analyze ANIMA Star Bond Demand TrendCheck current 30 days ANIMA Star correlation with market (DOW)|
β = -0.0289
ANIMA Star Central Daily Price Deviation
ANIMA Star Bond Technical Analysis
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ANIMA Star Projected Return Density Against MarketAssuming 30 trading days horizon, ANIMA Star Bond B Acc has beta of -0.0289 suggesting as returns on benchmark increase, returns on holding ANIMA Star are expected to decrease at a much smaller rate. During bear market, however, ANIMA Star Bond B Acc 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. ANIMA Star Bond is significantly underperforming DOW.
Predicted Return Density
|Alpha over DOW||=||0.07|
|Beta against DOW||=||0.03|
ANIMA Star Return Volatilitythe fund accepts 0.0% volatility on return distribution over the 30 days horizon. the entity inherits 1.657% risk (volatility on return distribution) over the 30 days horizon.
DOW has a standard deviation of returns of 1.66 and is 9.223372036854776E16 times more volatile than ANIMA Star Bond B Acc. 0% of all equities and portfolios are less risky than ANIMA Star. Compared to the overall equity markets, volatility of historical daily returns of ANIMA Star Bond B Acc is lower than 0 (%) of all global equities and portfolios over the last 30 days. Use ANIMA Star Bond B Acc to protect your portfolios against small markets fluctuations. The fund experiences normal downward trend and little activity. Check odds of ANIMA Star to be traded at 4.52 in 30 days. . As returns on market increase, returns on owning ANIMA Star are expected to decrease at a much smaller rate. During bear market, ANIMA Star is likely to outperform the market.
ANIMA Star correlation with market