Our philosophy in determining volatility of an etf is to use all available market data together with etf specific technical indicators that cannot be diversified away. We have found twenty-one technical indicators for HRMR-91 which you can use to evaluate future volatility of the entity. Please check out HRMR 91 Risk Adjusted Performance of 0.0228 and Market Risk Adjusted Performance of
(0.19) to validate if risk estimate we provide are consistent with the epected return of 0.0%.
|Horizon||30 Days Login to change|
HRMR 91 Market Sensitivity
|As returns on market increase, returns on owning HRMR 91 are expected to decrease at a much smaller rate. During bear market, HRMR 91 is likely to outperform the market. 2 Months Beta |Analyze HRMR-91 Demand TrendCheck current 30 days HRMR 91 correlation with market (DOW)|
β = -0.0223
HRMR 91 Central Daily Price Deviation
HRMR-91 Technical Analysis
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HRMR 91 Projected Return Density Against MarketAssuming 30 trading days horizon, HRMR-91 has beta of -0.0223 . This indicates as returns on benchmark increase, returns on holding HRMR 91 are expected to decrease at a much smaller rate. During bear market, however, HRMR-91 is likely to outperform the market. Moreover, The company has an alpha of 0.008 implying that it can potentially generate 0.008% excess return over DOW after adjusting for the inherited market risk (beta).
Predicted Return Density
|Alpha over DOW||=||0.008|
|Beta against DOW||=||0.02|
HRMR 91 Return Volatilitythe entity accepts 0.0% volatility on return distribution over the 30 days horizon. the entity inherits 0.6355% risk (volatility on return distribution) over the 30 days horizon.
Check basic technical indicators and analysis based on most latest market data
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DOW has a standard deviation of returns of 0.64 and is 9.223372036854776E16 times more volatile than HRMR-91. 0% of all equities and portfolios are less risky than HRMR 91. Compared to the overall equity markets, volatility of historical daily returns of HRMR-91 is lower than 0 (%) of all global equities and portfolios over the last 30 days. Use HRMR-91 to enhance returns of your portfolios. The etf experiences normal upward fluctuation. Check odds of HRMR 91 to be traded at S1080450.0 in 30 days. . As returns on market increase, returns on owning HRMR 91 are expected to decrease at a much smaller rate. During bear market, HRMR 91 is likely to outperform the market.
HRMR 91 correlation with market
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