HDFC ST (India) Risk Analysis And Volatility

HDFCSTOPPFTD -- India Fund  

INR 10.26  0.00  0.00%

We consider HDFC ST unknown risk. HDFC ST Opp holds Efficiency (Sharpe) Ratio of 0.4082 which attests that the entity had 0.4082% of return per unit of return volatility over the last 2 months. Our approach into 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-one technical indicators for HDFC ST Opp which you can use to evaluate future volatility of the entity. Please check out HDFC ST Risk Adjusted Performance of (0.12) and Market Risk Adjusted Performance of 0.9189 to validate if risk estimate we provide are consistent with the epected return of 0.0163%.
Horizon     30 Days    Login   to change

HDFC ST Market Sensitivity

As returns on market increase, returns on owning HDFC ST are expected to decrease at a much smaller rate. During bear market, HDFC ST is likely to outperform the market.
2 Months Beta |Analyze HDFC ST Opp Demand Trend
Check current 30 days HDFC ST correlation with market (DOW)
β = -0.0081

HDFC ST Central Daily Price Deviation

HDFC ST Opp 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.

HDFC ST Projected Return Density Against Market

Assuming 30 trading days horizon, HDFC ST Opp Ft Div has beta of -0.0081 . This indicates as returns on benchmark increase, returns on holding HDFC ST are expected to decrease at a much smaller rate. During bear market, however, HDFC ST Opp Ft Div is likely to outperform the market. Additionally, The company has a negative alpha implying that the risk taken by holding this equity is not justified. HDFC ST Opp is significantly underperforming DOW.
 Predicted Return Density 
      Returns 
Assuming 30 trading days horizon, the coefficient of variation of HDFC ST is 244.95. The daily returns are destributed with a variance of 0.0 and standard deviation of 0.04. The mean deviation of HDFC ST Opp Ft Div is currently at 0.03. For similar time horizon, the selected benchmark (DOW) has volatility of 1.94
α
Alpha over DOW
=0.0078
β
Beta against DOW=0.0081
σ
Overall volatility
=0.0398
Ir
Information ratio =0.44

HDFC ST Return Volatility

the fund accepts 0.0398% volatility on return distribution over the 30 days horizon. the entity inherits 1.9746% risk (volatility on return distribution) over the 30 days horizon.
 Performance (%) 
      Timeline 

Market Risk Breakdown

HDFC ST Volatility Factors

60 Days Market Risk

Unknown risk

Chance of Distress in 24 months

Unknown Distress

60 Days Economic Sensitivity

Insignificant

Investment Outlook

HDFC ST Investment Opportunity

DOW has a standard deviation of returns of 1.97 and is 49.25 times more volatile than HDFC ST Opp Ft Div. 0% of all equities and portfolios are less risky than HDFC ST. Compared to the overall equity markets, volatility of historical daily returns of HDFC ST Opp Ft Div is lower than 0 (%) of all global equities and portfolios over the last 30 days. Use HDFC ST Opp Ft Div 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 HDFC ST to be traded at 10.16 in 30 days. . As returns on market increase, returns on owning HDFC ST are expected to decrease at a much smaller rate. During bear market, HDFC ST is likely to outperform the market.

HDFC ST correlation with market

correlation synergy
Good diversification
Overlapping area represents the amount of risk that can be diversified away by holding HDFC ST Opp Ft Div and equity matching DJI index in the same portfolio.

HDFC ST Volatility Indicators

HDFC ST Opp Ft Div Current Risk Indicators

Please also check Risk vs Return Analysis. Please also try Idea Breakdown module to analyze constituents of all macroaxis ideas. macroaxis investment ideas are predefined, sector-focused investing themes.
Search macroaxis.com