FT 7971 Risk Analysis And Volatility

FWKNEX -- USA Fund  

USD 9.68  0.00  0.00%

We consider FT 7971 slightly risky. FT 7971 Sabrient retains Efficiency (Sharpe Ratio) of 0.0678 which denotes the fund had 0.0678% of return per unit of price deviation over the last 3 months. Our way in which we are 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 FT 7971 which you can use to evaluate future volatility of the entity. Please confirm FT 7971 Sabrient Dividend Oppo Market Risk Adjusted Performance of 2.63, Downside Deviation of 2.02 and Standard Deviation of 1.47 to check if risk estimate we provide are consistent with the epected return of 0.0978%.
Horizon     30 Days    Login   to change

FT 7971 Market Sensitivity

As returns on market increase, FT 7971 returns are expected to increase less than the market. However during bear market, the loss on holding FT 7971 will be expected to be smaller as well.
3 Months Beta |Analyze FT 7971 Sabrient Demand Trend
Check current 30 days FT 7971 correlation with market (DOW)
β = 0.0351

FT 7971 Central Daily Price Deviation

FT 7971 Sabrient Technical Analysis

Transformation
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FT 7971 Projected Return Density Against Market

Assuming 30 trading days horizon, FT 7971 has beta of 0.0351 suggesting as returns on market go up, FT 7971 average returns are expected to increase less than the benchmark. However during bear market, the loss on holding FT 7971 Sabrient Dividend Oppo will be expected to be much smaller as well. Moreover, The company has an alpha of 0.0873 implying that it can potentially generate 0.0873% 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 FT 7971 is 1475.26. The daily returns are destributed with a variance of 2.08 and standard deviation of 1.44. The mean deviation of FT 7971 Sabrient Dividend Oppo is currently at 0.97. For similar time horizon, the selected benchmark (DOW) has volatility of 0.74
α
Alpha over DOW
=0.09
β
Beta against DOW=0.0351
σ
Overall volatility
=1.44
Ir
Information ratio =0.03

FT 7971 Return Volatility

the fund assumes 1.4423% volatility of returns over the 30 days investment horizon. the entity inherits 0.721% risk (volatility on return distribution) over the 30 days horizon.
 Performance (%) 
      Timeline 

FT 7971 Investment Opportunity

FT 7971 Sabrient Dividend Oppo has a volatility of 1.44 and is 2.0 times more volatile than DOW. 12  of all equities and portfolios are less risky than FT 7971. Compared to the overall equity markets, volatility of historical daily returns of FT 7971 Sabrient Dividend Oppo is lower than 12 () of all global equities and portfolios over the last 30 days. Use FT 7971 Sabrient Dividend Oppo 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 FT 7971 to be traded at $9.58 in 30 days. . As returns on market increase, FT 7971 returns are expected to increase less than the market. However during bear market, the loss on holding FT 7971 will be expected to be smaller as well.

FT 7971 correlation with market

correlation synergy
Significant diversification
Overlapping area represents the amount of risk that can be diversified away by holding FT 7971 Sabrient Dividend Oppo and equity matching DJI index in the same portfolio.

FT 7971 Current Risk Indicators

FT 7971 Suggested Diversification Pairs

Additionally see Investing Opportunities. Please also try Aroon Oscillator module to analyze current equity momentum using aroon oscillator and other momentum ratios.
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