Macroaxis considers EQMC Europe to be unknown risk. EQMC Europe Development secures Sharpe Ratio (or Efficiency) of -0.7021 which denotes EQMC Europe Development had -0.7021% of return per unit of risk over the last 2 months. Macroaxis philosophy in predicting risk of any fund is to look at both systematic and un-systematic factors of the business, including all available market data and technical indicators. EQMC Europe Development Capital F exposes twenty-one different technical indicators which can help you to evaluate volatility that cannot be diversified away. Please be advised to confirm EQMC Europe Development Mean Deviation of 0.5628 to check risk estimate we provide.
|Horizon||30 Days Login to change|
EQMC Europe Market Sensitivity
|As returns on market increase, EQMC Europe returns are expected to increase less than the market. However during bear market, the loss on holding EQMC Europe will be expected to be smaller as well.2 Months Beta |Analyze EQMC Europe Development Demand TrendCheck current 30 days EQMC Europe correlation with market (DOW)|
β = 0.0171
EQMC Europe Central Daily Price Deviation
EQMC Europe Development Technical Analysis
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EQMC Europe Projected Return Density Against MarketAssuming 30 trading days horizon, EQMC Europe has beta of 0.0171 suggesting as returns on market go up, EQMC Europe average returns are expected to increase less than the benchmark. However during bear market, the loss on holding EQMC Europe Development Capital F will be expected to be much smaller as well. Moreover, EQMC Europe Development Capital F has an alpha of 0.2153 implying that it can potentially generate 0.2153% excess return over DOW after adjusting for the inherited market risk (beta).
Predicted Return Density
Assuming 30 trading days horizon, the coefficient of variation of EQMC Europe is -142.43. The daily returns are destributed with a variance of 16.9 and standard deviation of 4.11. The mean deviation of EQMC Europe Development Capital F is currently at 2.92. For similar time horizon, the selected benchmark (DOW) has volatility of 1.32
|Alpha over DOW||=||0.22|
|Beta against DOW||=||0.0171|
EQMC Europe Return VolatilityEQMC Europe Development Capital F accepts 4.1113% volatility on return distribution over the 30 days horizon. DOW inherits 1.3328% risk (volatility on return distribution) over the 30 days horizon.
EQMC Europe Development Capital F has a volatility of 4.11 and is 3.09 times more volatile than DOW. 37% of all equities and portfolios are less risky than EQMC Europe. Compared to the overall equity markets, volatility of historical daily returns of EQMC Europe Development Capital F is lower than 37 (%) of all global equities and portfolios over the last 30 days. Use EQMC Europe Development Capital F to protect against small markets fluctuations. The fund experiences very speculative upward sentiment.. Check odds of EQMC Europe to be traded at 1.4915 in 30 days. As returns on market increase, EQMC Europe returns are expected to increase less than the market. However during bear market, the loss on holding EQMC Europe will be expected to be smaller as well.
EQMC Europe correlation with market