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 technical indicators for IDBI ST which you can use to evaluate future volatility of the entity. Please check out IDBI ST Bond Gr Coefficient Of Variation of 276.29, Downside Deviation of 0.077 and Market Risk Adjusted Performance of 5.28 to validate if risk estimate we provide are consistent with the epected return of 0.0%.
|Horizon||30 Days Login to change|
IDBI ST Market Sensitivity
|As returns on market increase, IDBI ST returns are expected to increase less than the market. However during bear market, the loss on holding IDBI ST will be expected to be smaller as well. 2 Months Beta |Analyze IDBI ST Bond Demand TrendCheck current 30 days IDBI ST correlation with market (DOW)|
β = 0.0241
IDBI ST Central Daily Price Deviation
IDBI ST Bond Technical Analysis
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IDBI ST Projected Return Density Against MarketAssuming 30 trading days horizon, IDBI ST has beta of 0.0241 . This indicates as returns on market go up, IDBI ST average returns are expected to increase less than the benchmark. However during bear market, the loss on holding IDBI ST Bond Gr will be expected to be much smaller as well. Moreover, The company has an alpha of 0.1285 implying that it can potentially generate 0.1285% excess return over DOW after adjusting for the inherited market risk (beta).
Predicted Return Density
|Alpha over DOW||=||0.13|
|Beta against DOW||=||0.0241|
IDBI ST Return Volatilitythe fund accepts 0.0% volatility on return distribution over the 30 days horizon. the entity inherits 1.9746% risk (volatility on return distribution) over the 30 days horizon.
DOW has a standard deviation of returns of 1.97 and is 9.223372036854776E16 times more volatile than IDBI ST Bond Gr. 0% of all equities and portfolios are less risky than IDBI ST. Compared to the overall equity markets, volatility of historical daily returns of IDBI ST Bond Gr is lower than 0 (%) of all global equities and portfolios over the last 30 days. Use IDBI ST Bond Gr to enhance returns of your portfolios. The fund experiences normal upward fluctuation. Check odds of IDBI ST to be traded at 18.94 in 30 days. . As returns on market increase, IDBI ST returns are expected to increase less than the market. However during bear market, the loss on holding IDBI ST will be expected to be smaller as well.
IDBI ST correlation with market