Our philosophy in 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 Charlemagne Magna Africa C which you can use to evaluate future volatility of the entity. Please confirm Charlemagne Magna Risk Adjusted Performance of
(0.25) and Mean Deviation of 1.95 to double-check if risk estimate we provide are consistent with the epected return of 0.0%.
60 Days Market Risk
Chance of Distress in 24 months
60 Days Economic Sensitivity
|Horizon||30 Days Login to change|
Charlemagne Magna Market Sensitivity
|As returns on market increase, Charlemagne Magna returns are expected to increase less than the market. However during bear market, the loss on holding Charlemagne Magna will be expected to be smaller as well. 2 Months Beta |Analyze Charlemagne Magna Demand TrendCheck current 30 days Charlemagne Magna correlation with market (DOW)|
β = 0.3919
Charlemagne Magna Central Daily Price Deviation
Charlemagne Magna Technical Analysis
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.
Charlemagne Magna Projected Return Density Against MarketAssuming 30 trading days horizon, Charlemagne Magna has beta of 0.3919 suggesting as returns on market go up, Charlemagne Magna average returns are expected to increase less than the benchmark. However during bear market, the loss on holding Charlemagne Magna Africa C will be expected to be much smaller as well. Additionally, The company has a negative alpha implying that the risk taken by holding this equity is not justified. Charlemagne Magna is significantly underperforming DOW.
Predicted Return Density
|Alpha over DOW||=||0.95|
|Beta against DOW||=||0.39|
Charlemagne Magna Return Volatilitythe fund accepts 0.0% volatility on return distribution over the 30 days horizon. the entity inherits 0.8126% risk (volatility on return distribution) over the 30 days horizon.
Charlemagne Magna Investment Opportunity
DOW has a standard deviation of returns of 0.81 and is 9.223372036854776E16 times more volatile than Charlemagne Magna Africa C. 0% of all equities and portfolios are less risky than Charlemagne Magna. Compared to the overall equity markets, volatility of historical daily returns of Charlemagne Magna Africa C is lower than 0 (%) of all global equities and portfolios over the last 30 days. Use Charlemagne Magna Africa C to protect your portfolios against small markets fluctuations. The fund experiences normal downward trend, but the immediate impact on correlations cannot be determined at the moment . Check odds of Charlemagne Magna to be traded at 8.95 in 30 days. . As returns on market increase, Charlemagne Magna returns are expected to increase less than the market. However during bear market, the loss on holding Charlemagne Magna will be expected to be smaller as well.
Charlemagne Magna correlation with market
Charlemagne Magna Current Risk Indicators
|Risk Adjusted Performance||(0.25)|
|Market Risk Adjusted Performance||(2.43)|
|Coefficient Of Variation||(305.97)|
Charlemagne Magna Suggested Diversification Pairs