Our philosophy towards 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 First State Glbl Listed Infra I Acc which you can use to evaluate future volatility of the entity. Please confirm First State Glbl Coefficient Of Variation of 742.74 and Mean Deviation of 0.2722 to check if risk estimate we provide are consistent with the epected return of 0.0%.
|Horizon||30 Days Login to change|
First State Market Sensitivity
|As returns on market increase, First State returns are expected to increase less than the market. However during bear market, the loss on holding First State will be expected to be smaller as well. 2 Months Beta |Analyze First State Glbl Demand TrendCheck current 30 days First State correlation with market (DOW)|
β = 0.0461
First State Central Daily Price Deviation
First State Glbl Technical Analysis
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First State Projected Return Density Against MarketAssuming 30 trading days horizon, First State has beta of 0.0461 . This indicates as returns on market go up, First State average returns are expected to increase less than the benchmark. However during bear market, the loss on holding First State Glbl Listed Infra I Acc will be expected to be much smaller as well. Moreover, The company has an alpha of 0.0598 implying that it can potentially generate 0.0598% excess return over DOW after adjusting for the inherited market risk (beta).
Predicted Return Density
|Alpha over DOW||=||0.06|
|Beta against DOW||=||0.0461|
First State Return Volatilitythe fund accepts 0.0% volatility on return distribution over the 30 days horizon. the entity inherits 0.6987% risk (volatility on return distribution) over the 30 days horizon.
DOW has a standard deviation of returns of 0.7 and is 9.223372036854776E16 times more volatile than First State Glbl Listed Infra I Acc. 0% of all equities and portfolios are less risky than First State. Compared to the overall equity markets, volatility of historical daily returns of First State Glbl Listed Infra I Acc is lower than 0 (%) of all global equities and portfolios over the last 30 days. Use First State Glbl Listed Infra I Acc to protect your portfolios against small markets fluctuations. The fund experiences somewhat bearish sentiment, but market may correct it shortly. Check odds of First State to be traded at $11.65 in 30 days. . As returns on market increase, First State returns are expected to increase less than the market. However during bear market, the loss on holding First State will be expected to be smaller as well.
First State correlation with market