Our approach to foreseeing 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 ANIMA Europe Equity Silver which you can use to evaluate future volatility of the entity. Please confirm ANIMA Europe Equity Mean Deviation of 0.6588 and Risk Adjusted Performance of
(0.13) to double-check if risk estimate we provide are consistent with the epected return of 0.0%.
|Horizon||30 Days Login to change|
ANIMA Europe Market Sensitivity
|As returns on market increase, ANIMA Europe returns are expected to increase less than the market. However during bear market, the loss on holding ANIMA Europe will be expected to be smaller as well. 2 Months Beta |Analyze ANIMA Europe Equity Demand TrendCheck current 30 days ANIMA Europe correlation with market (DOW)|
β = 0.0816
ANIMA Europe Central Daily Price Deviation
ANIMA Europe Equity Technical Analysis
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ANIMA Europe Projected Return Density Against MarketAssuming 30 trading days horizon, ANIMA Europe has beta of 0.0816 . This indicates as returns on market go up, ANIMA Europe average returns are expected to increase less than the benchmark. However during bear market, the loss on holding ANIMA Europe Equity Silver will be expected to be much smaller as well. Additionally, The company has a negative alpha implying that the risk taken by holding this equity is not justified. ANIMA Europe Equity is significantly underperforming DOW.
Predicted Return Density
|Alpha over DOW||=||0.06|
|Beta against DOW||=||0.08|
ANIMA Europe Return Volatilitythe fund accepts 0.0% volatility on return distribution over the 30 days horizon. the entity inherits 1.9958% risk (volatility on return distribution) over the 30 days horizon.
DOW has a standard deviation of returns of 2.0 and is 9.223372036854776E16 times more volatile than ANIMA Europe Equity Silver. 0% of all equities and portfolios are less risky than ANIMA Europe. Compared to the overall equity markets, volatility of historical daily returns of ANIMA Europe Equity Silver is lower than 0 (%) of all global equities and portfolios over the last 30 days. Use ANIMA Europe Equity Silver to protect your portfolios against small markets fluctuations. The fund experiences normal downward trend and little activity. Check odds of ANIMA Europe to be traded at 7.66 in 30 days. . As returns on market increase, ANIMA Europe returns are expected to increase less than the market. However during bear market, the loss on holding ANIMA Europe will be expected to be smaller as well.
ANIMA Europe correlation with market