Our approach towards 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 ICICI Pru LT which you can use to evaluate future volatility of the entity. Please check out ICICI Pru Downside Deviation of 0.1704 and Coefficient Of Variation of 576.29 to validate 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|
ICICI Pru Market Sensitivity
|As returns on market increase, returns on owning ICICI Pru are expected to decrease at a much smaller rate. During bear market, ICICI Pru is likely to outperform the market. 2 Months Beta |Analyze ICICI Pru LT Demand TrendCheck current 30 days ICICI Pru correlation with market (DOW)|
β = -0.0366
ICICI Pru Central Daily Price Deviation
ICICI Pru LT Technical Analysis
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ICICI Pru Projected Return Density Against MarketAssuming 30 trading days horizon, ICICI Pru LT Plan Wk Div has beta of -0.0366 suggesting as returns on benchmark increase, returns on holding ICICI Pru are expected to decrease at a much smaller rate. During bear market, however, ICICI Pru LT Plan Wk Div is likely to outperform the market. Moreover, The company has an alpha of 0.0165 implying that it can potentially generate 0.0165% excess return over DOW after adjusting for the inherited market risk (beta).
Predicted Return Density
|Alpha over DOW||=||0.0165|
|Beta against DOW||=||0.04|
ICICI Pru Return Volatilitythe fund accepts 0.0% volatility on return distribution over the 30 days horizon. the entity inherits 0.7732% risk (volatility on return distribution) over the 30 days horizon.
ICICI Pru Investment Opportunity
DOW has a standard deviation of returns of 0.77 and is 9.223372036854776E16 times more volatile than ICICI Pru LT Plan Wk Div. 0% of all equities and portfolios are less risky than ICICI Pru. Compared to the overall equity markets, volatility of historical daily returns of ICICI Pru LT Plan Wk Div is lower than 0 (%) of all global equities and portfolios over the last 30 days. Use ICICI Pru LT Plan Wk Div to enhance returns of your portfolios. The fund experiences normal upward fluctuation. Check odds of ICICI Pru to be traded at 11.42 in 30 days. . As returns on market increase, returns on owning ICICI Pru are expected to decrease at a much smaller rate. During bear market, ICICI Pru is likely to outperform the market.
ICICI Pru correlation with market
ICICI Pru Current Risk Indicators
|Risk Adjusted Performance||0.0938|
|Market Risk Adjusted Performance||(0.47)|
|Coefficient Of Variation||576.29|
ICICI Pru Suggested Diversification Pairs
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