Franklin India (India) Risk Analysis And Volatility Evaluation

F0GBR06SHO -- India Fund  

INR 16.92  0.22  1.32%

Macroaxis considers Franklin India to be unknown risk. Franklin India Flexi secures Sharpe Ratio (or Efficiency) of -0.2644 which denotes Franklin India Flexi had -0.2644% of return per unit of standard deviation over the last 1 month. 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. Franklin India Flexi Cap Div exposes twenty-one different technical indicators which can help you to evaluate volatility that cannot be diversified away. Please be advised to confirm Franklin India Flexi Mean Deviation of 0.7002 to check risk estimate we provide.
Horizon     30 Days    Login   to change

Franklin India Market Sensitivity

As returns on market increase, returns on owning Franklin India are expected to decrease at a much smaller rate. During bear market, Franklin India is likely to outperform the market.
One Month Beta |Analyze Franklin India Flexi Demand Trend
Check current 30 days Franklin India correlation with market (DOW)
β = -0.3998
Franklin India Almost negative betaFranklin India Flexi Beta Legend

Franklin India Flexi Technical Analysis

Transformation
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.

Franklin India Projected Return Density Against Market

Assuming 30 trading days horizon, Franklin India Flexi Cap Div has beta of -0.3998 suggesting as returns on benchmark increase, returns on holding Franklin India are expected to decrease at a much smaller rate. During bear market, however, Franklin India Flexi Cap Div is likely to outperform the market. Moreover, Franklin India Flexi Cap Div has an alpha of 0.0339 implying that it can potentially generate 0.0339% excess return over DOW after adjusting for the inherited market risk (beta).
 Predicted Return Density 
      Returns 
Assuming 30 trading days horizon, the coefficient of variation of Franklin India is -378.17. The daily returns are destributed with a variance of 4.02 and standard deviation of 2.0. The mean deviation of Franklin India Flexi Cap Div is currently at 1.38. For similar time horizon, the selected benchmark (DOW) has volatility of 0.45
α
Alpha over DOW
=0.0339
β
Beta against DOW=0.4
σ
Overall volatility
=2.00
Ir
Information ratio =0.14

Franklin India Return Volatility

Franklin India Flexi Cap Div accepts 2.0046% volatility on return distribution over the 30 days horizon. DOW inherits 0.4168% risk (volatility on return distribution) over the 30 days horizon.
 Performance (%) 
      Timeline 

Market Risk Breakdown

Franklin India Volatility Factors

30 Days Market Risk

Unknown risk

Chance of Distress in 24 months

Unknown Distress

30 Days Economic Sensitivity

Unaffected

Investment Outlook

Franklin India Investment Opportunity

Franklin India Flexi Cap Div has a volatility of 2.0 and is 4.76 times more volatile than DOW. 18% of all equities and portfolios are less risky than Franklin India. Compared to the overall equity markets, volatility of historical daily returns of Franklin India Flexi Cap Div is lower than 18 (%) of all global equities and portfolios over the last 30 days. Use Franklin India Flexi Cap Div to enhance returns of your portfolios. The fund experiences large bullish trend. Check odds of Franklin India to be traded at 18.61 in 30 days. As returns on market increase, returns on owning Franklin India are expected to decrease at a much smaller rate. During bear market, Franklin India is likely to outperform the market.

Franklin India correlation with market

Good diversification
Overlapping area represents the amount of risk that can be diversified away by holding Franklin India Flexi Cap Div and equity matching DJI index in the same portfolio.

Franklin India Volatility Indicators

Franklin India Flexi Cap Div Current Risk Indicators

Additionally see Investing Opportunities. Please also try Price Ceiling Movement module to calculate and plot price ceiling movement for different equity instruments.
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