Macroaxis considers DSP BlackRock unknown risk given 2 months investment horizon. DSP BlackRock Govt secures Sharpe Ratio (or Efficiency) of 0.5774 which denotes DSP BlackRock Govt had 0.5774% of return per unit of risk over the last 2 months. Our philosophy in predicting 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 DSP BlackRock Govt Sec Reg Mn Div which you can use to evaluate future volatility of the entity. Please utilize DSP BlackRock Govt Semi Deviation of 0.3946, Mean Deviation of 0.2633 and Downside Deviation of 0.5505 to check if our risk estimates are consistent with your expectations.
|Horizon||30 Days Login to change|
DSP BlackRock Market Sensitivity
|As returns on market increase, DSP BlackRock returns are expected to increase less than the market. However during bear market, the loss on holding DSP BlackRock will be expected to be smaller as well. 2 Months Beta |Analyze DSP BlackRock Govt Demand TrendCheck current 30 days DSP BlackRock correlation with market (DOW)|
β = 0.0295
DSP BlackRock Central Daily Price Deviation
DSP BlackRock Govt Technical Analysis
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DSP BlackRock Projected Return Density Against MarketAssuming 30 trading days horizon, DSP BlackRock has beta of 0.0295 suggesting as returns on market go up, DSP BlackRock average returns are expected to increase less than the benchmark. However during bear market, the loss on holding DSP BlackRock Govt Sec Reg Mn Div will be expected to be much smaller as well. Moreover, DSP BlackRock Govt Sec Reg Mn Div has an alpha of 0.0362 implying that it can potentially generate 0.0362% 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 DSP BlackRock is 173.21. The daily returns are destributed with a variance of 0.19 and standard deviation of 0.43. The mean deviation of DSP BlackRock Govt Sec Reg Mn Div is currently at 0.33. For similar time horizon, the selected benchmark (DOW) has volatility of 1.97
|Alpha over DOW||=||0.0362|
|Beta against DOW||=||0.0295|
DSP BlackRock Return VolatilityDSP BlackRock Govt Sec Reg Mn Div accepts 0.4305% volatility on return distribution over the 30 days horizon. DOW inherits 2.0125% risk (volatility on return distribution) over the 30 days horizon.
DOW has a standard deviation of returns of 2.01 and is 4.67 times more volatile than DSP BlackRock Govt Sec Reg Mn Div. 3% of all equities and portfolios are less risky than DSP BlackRock. Compared to the overall equity markets, volatility of historical daily returns of DSP BlackRock Govt Sec Reg Mn Div is lower than 3 (%) of all global equities and portfolios over the last 30 days. Use DSP BlackRock Govt Sec Reg Mn Div to enhance returns of your portfolios. The fund experiences moderate upward volatility. Check odds of DSP BlackRock to be traded at 11.89 in 30 days. . As returns on market increase, DSP BlackRock returns are expected to increase less than the market. However during bear market, the loss on holding DSP BlackRock will be expected to be smaller as well.
DSP BlackRock correlation with market